Santa Priscila Acquires Ecuaprotein, Expanding Ecuador's Shrimp Business
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The Superintendency of Economic Competition (SCE) authorized Industrial Pesquera Santa Priscila S.A. to purchase Protein Ecuador Ecuaprotein S.A. The acquisition allows Santa Priscila, one of Ecuador's largest shrimp companies, to diversify its business by incorporating the production of shrimp and fish hydrolysates. This move reduces dependence on shrimp exports and monetizes waste products. The SCE concluded that the acquisition does not harm competition.
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