Silk Road Fund and Joyvio Jointly Acquired A Salmon Company in Chile
Date: 02 July 2019

On 1 July 2019, Silk Road Fund Co., Ltd. (“SRF”) and Joyvio Agriculture Development Co., Ltd (“Agri-Joyvio”), through their respective subsidiaries and pursuant to the relevant stock purchase agreement, acquired approximately 95.26% of issued shares of Australis Seafoods S.A., a Chilean salmon farming company.

The transaction marks SRF’s first investment in South America. It also reflects the fund’s efforts to cooperate with strategic investors and establish a global supply system of quality food resources. SRF hopes to collaborate with its partners in expanding in the agriculture sector under the framework of “Belt and Road Initiative” to achieve mutual benefits.

Agri-Joyvio’s controlling shareholder is Joyvio Group, a strategic investment platform specialized in food and agribusiness with a strong presence in the fields of beverages, fruits, animal protein and branded packaged food.

SRF is a medium-to-long term development and investment fund established under the framework of “Belt and Road Initiative”. Following a philosophy of openness, inclusiveness and mutual benefit, SRF operates its business based on market principles, international standard and professional excellence.