Blumar Seafoods S.A., headquartered in Santiago, Chile, is a vertically integrated seafood and aquaculture company that plays a leading role in the global seafood supply chain. With deep roots in the Chilean fisheries industry and over a decade of consolidated operations, Blumar Seafoods is recognized for its responsible fishing practices, advanced aquaculture capabilities, and broad portfolio of high-quality seafood products delivered to more than 30 countries worldwide.
Company Overview
Blumar Seafoods was established in 2011 following the merger of two major Chilean companies—Pesquera Itata S.A. and Pesquera El Golfo S.A. This strategic integration positioned the company as one of Chile’s largest seafood firms, combining decades of marine harvesting expertise with sustainable aquaculture growth.
The company’s executive leadership includes:
- Gerardo Balbontín – CEO
- Daniel Montoya – Commercial Manager
- Felipe Fuentes – Sustainability and Communications Manager
With operational hubs in Talcahuano, Punta Arenas, and Puerto Montt, Blumar ensures extensive national coverage, managing every stage from catch and farming to processing and distribution.
Core Business Segments
Blumar operates under two main divisions:
1. Industrial Fishing
- Species: Horse Mackerel, Sardine, Anchovy
- Formats: Whole round, HG (headed & gutted), HGT (headed, gutted, and tail off), frozen
- Byproducts: Fishmeal and fish oil for the animal feed and omega-3 supplement markets
2. Aquaculture
- Species: Atlantic Salmon and Trout
- Formats: Fresh chilled and frozen fillets, portions, and whole fish
- Certifications: BAP, ASC, and GlobalG.A.P.
The company also offers value-added products such as breaded Hoki and Hoki fillets, as well as shellfish, including frozen mussels.
Product Portfolio
- Pelagic Fish: Frozen Horse Mackerel, Sardines, Anchovies
- Farmed Products: Atlantic Salmon, Trout (fresh/frozen)
- Value-Added Seafood: Breaded and filleted products
- Shellfish: Mussels
- Byproducts: Fishmeal and fish oil for industrial use
Unique Capabilities and Competitive Advantages
- Vertically Integrated Model: From ocean harvesting to export logistics, all processes are managed in-house for quality control and traceability.
- Fleet and Facilities:
- Owns a modern fleet of industrial fishing vessels
- Operates several HACCP-compliant processing plants
- Advanced aquaculture farms in southern Chile
- Sustainability Leadership:
- Founding member of the Global Sustainable Seafood Initiative (GSSI)
- MSC certification for horse mackerel
- Collaborations with NGOs and academic institutions to monitor marine ecosystems
Financial Performance
Blumar is a publicly traded company listed on the Santiago Stock Exchange under the ticker BLUMAR. In its 2023 financial report:
- Annual Revenue: Exceeded USD 500 million
- Export Sales: Represent more than 85% of total revenue
- EBITDA: Maintained stable margins averaging 15–18%
- CapEx Investments: Over USD 40 million annually toward sustainability, R&D, and plant upgrades
International Shipments and Global Reach
According to trade analytics:
- Primary Export Markets: United States, China, Japan, Brazil, and European Union
- Shipment Volume (2023): Over 80,000 metric tons of seafood products
- Frequent Buyers: Large-scale retailers, wholesalers, and private label clients
Certifications and Compliance
Blumar adheres to the strictest global seafood standards, including:
- Marine Stewardship Council (MSC) – Horse Mackerel
- Aquaculture Stewardship Council (ASC) – Salmon farms
- Best Aquaculture Practices (BAP) – Processing and farming
- HACCP, ISO 9001, and ISO 14001 – Quality and environmental management systems
Customer Testimonials
"Blumar has been our consistent supplier for over five years. Their salmon fillets meet the strictest EU standards and our clients value the consistent texture and taste."
— Christian Bauer, Procurement Director, EuroSea GmbH, Germany
"We appreciate Blumar’s dedication to sustainability and transparency. Their fishmeal and oil are vital to our feed formulations."
— Hiroshi Sakamoto, Head of Sourcing, Nippon Feed Industries, Japan
Major Achievements
- Celebrated 10 years of operation as Blumar in 2021
- One of the top 5 exporters of salmon from Chile by volume
- Recognized by PROCHILE as an outstanding international business ambassador
- Developed award-winning circular economy programs for net and gear recycling in Talcahuano
Strategic Brands
- Antarctic Ice – Premium frozen fish brand
- St. Andrews – Salmon brand targeted to retail markets
- Pacific Blu – Value seafood line
- El Golfo Comercial – Legacy brand in Chile
Blumar Seafoods S.A. stands as a benchmark for sustainable seafood production in Latin America, delivering certified, high-quality products with a strong commitment to environmental stewardship and global food security.