Industrial /
Nova Austral
2019 turnover
EUR 116m
No. of employees
~ 900
Acquisition date
October 2014
Fund
Fund III
A Chilean salmon farmer and processor, jointly owned by Altor and Bain Capital. The company’s operations are located in Chile, south of the Magallanes strait, making Nova Austral the southernmost salmon farmer in the world. Nova Austral’s production sites have excellent conditions for salmon farming, resulting in low mortality and a clean and healthy product. Annual production is 30k tons, primarily sold in the US market.
Why we believe in Nova Austral:
- Unique location with superior biological environment enabling premium pricing
- Best in class cash flow
- Potential for further production expansion
Team
Nicolás Larco
CEO