Blumar S.A. (SNSE:BLUMAR) agreed to acquire the remaining 40% stake in Pesquera Bahia Caldera S.A., from Kipper Investment Company for CLP 5 million on August 24, 2018. Following the acquisition, Blumar will increase its stake in Pesquera Bahia Caldera from 60% to 100%. The acquisition is expected to be completed by the end of September 2018. Blumar S.A. (SNSE:BLUMAR) completed the acquisition of the remaining 40% stake in Pesquera Bahia Caldera S.A., from Kipper Investment Company on October 5, 2018.