On May 23 this year, the transaction whereby the majority shareholders of Ilo Frost S.A.C. sold their interest, which represents 80.78% of Ilo Frost's capital stock, to a Peruvian business group, closed.
Ilo Frost is engaged in the processing and preservation of fish, crustaceans and mollusks and its freezing plant is located in Ilo, Moquegua.
The sellers are two members of the Martinez family who have extensive experience in the fishing and fish preservation industry.
Rebaza, Alcazar & De Las Casas advised the sellers on the transaction.