- CEO
- Adriana Giudice Alva
- Full Time Employees
- 1,555
- Sector
- Consumer non-durables
- Industry
- Food: meat/fish/dairy
- Address
- Lima Peru
- IPO Date
- Jan 12, 1999
- Business
- Austral Group S.A.A. is a Peru-based fishing and marine agribusiness company engaged in the extraction, processing, and commercialization of hydrobiological resources for indirect and direct human consumption. Founded in 1996 and headquartered in Lima, Peru, the company operates as a key subsidiary of Norwegian seafood group Austevoll Seafood ASA. Austral Group S.A.A. structures its operations into two main business divisions: Indirect Human Consumption and Direct Human Consumption. Its product and service portfolio includes steam-dried prime, super prime, and standard fishmeal utilized in aquaculture and animal nutrition feeds; crude, semi-refined, and refined fish oil rich in Omega-3 fatty acids (EPA and DHA) for pet nutrition, aquaculture diets, and nutraceutical applications; canned seafood products, including chub mackerel, jack mackerel, grated tuna, and sardines marketed under commercial brands such as Bayóvar, Portola, and Ola; frozen pelagic fish and cephalopods, including whole, gutted, and headed/gutted jack mackerel, chub mackerel, and giant squid (pota); and fresh marine landings. The company operates a marine fleet comprising 18 industrial purse-seine fishing vessels, predominantly equipped with Refrigerated Sea Water (RSW) preservation systems, alongside strategic processing and manufacturing complexes situated along the Peruvian coastline in Coishco, Chancay, Pisco, and Ilo, serving domestic retail and institutional clients as well as export markets across Asia, Europe, North America, and Latin America.
In recent developments, Austral Group S.A.A. has executed strategic capital expenditure and financing programs to strengthen its operating liquidity and fleet modernization, securing a US$20 million asset-backed vessel mortgage credit facility with BBVA Perú, following medium-term loan agreements totaling US$35 million with Banco de Crédito del Perú and revolving credit arrangements with Rabobank. On the operational and sustainability front, the company has integrated newly constructed fishing vessels, including the purse seiner Adriana equipped with RSW technology, implemented industrial photovoltaic solar generation systems at its coastal processing plants to reduce operational emissions, and completed the validation of primary environmental life cycle data for its fishmeal and fish oil in the Global Feed Life Cycle Assessment Institute (GFLI) database, marking a major milestone in verified supply chain traceability and carbon footprint disclosure.