Illex Fishing SA / Atlantis

What Illex Fishing SA / Atlantis does

Illex Fishing S.A. is an Argentine fishing and seafood export company headquartered in Mar del Plata, an integrated fishing port on the Buenos Aires Province coast. The company directly owns and operates fishing vessels and a seafood processing plant, providing vertical control over the supply chain from catch to export. Its product portfolio is anchored on Argentine Red Shrimp (Pleoticus muelleri) and Argentina Illex Squid, supplemented by Yellow Croaker and Codfish, with red shrimp sub-products including whole, headless shell-on, peeled deveined, and shrimp tail formats, and squid offered as tentacles, tubes, and graded sizes (SS/M/S). Fishing operations leverage longitudinal entanglement net technology for red shrimp in Argentine waters from Santa Cruz to southern Buenos Aires Province and Chubut provincial waters, and dedicated squid fishing technology for Illex squid harvested from waters near Isla de los Estados, the shared Uruguayan zone (ZCPAU), adjacent shared sea areas, and Falkland Islands waters.

The company operates a B2B, sales-led export model, supplying selected international customers across more than 20 countries spanning the European Union, USA, China, Latin America, and Africa. Pricing is quote-based and inquiry-driven rather than publicly listed, consistent with wholesale commodity seafood transactions. Go-to-market is implemented through a multilingual corporate website (English, Chinese, Spanish, Italian, French, Thai, Vietnamese), educational content marketing on product differentiation, and dedicated regional sales contacts — including a China-specific commercial contact — together with a presence on WeChat. The company is privately held, with no disclosed institutional investors, parent entities, or public listing.

The firm operates with a notably lean headcount of 14 employees relative to its stated export scale of over 200,000 tons annually, suggesting a high-leverage trading or asset-light export model layered on top of its owned vessels and processing facility. There is no disclosed management team, no certifications, no patents, no partnerships, no funding rounds, and no M&A activity in the source data, limiting visibility into governance, capital structure, and growth capital.

Name

Illex Fishing SA / Atlantis

Legal name

ILLEX FISHING S.A.

Website

https://illexfish.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Illex Fishing S.A. is a privately held Argentine seafood exporter headquartered in Mar del Plata that owns fishing vessels and a processing plant, exporting red shrimp, Illex squid, yellow croaker, and codfish to B2B customers in more than 20 countries.

Ownership category

akta.pro rank

Product category

Seafood Export

NAICS

Seafood Product Preparation and Packaging (311710), Other Marine Fishing (114119), Fish and Seafood Merchant Wholesalers (424460)

SIC

Prepared Fresh Or Frozen Fish & Seafoods (2092), Fishing, Hunting And Trapping (900)

akta.pro primary industry

Primary Seafood Processing (Heading/Gutting/Deheading; Icing) (AFANADAA)

akta.pro secondary industries

Seafood Wholesale (Fresh & Frozen) (AFAIADAD), Shellfish Processing (Shrimp, Crab, Lobster, Mollusks) (AFANADAC)

Keywords

• Seafood export
• Frozen seafood
• Red shrimp
• Illex squid
• Fishing industry

Headquarters

HQ city

Mar del Plata

HQ country

Argentina

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Seafood Export: B2B export of Argentine seafood products including red shrimp, illex squid, yellow croaker, and fish fillets to selected international customers. The company operates on a direct sales model with selected customers in over 20 countries, exporting over 200,000 tons annually.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Illex Fishing S.A. harvests, processes, and exports premium Argentine seafood — primarily red shrimp, Illex squid, yellow croaker, and codfish — to international markets. The company operates its own fishing vessels and a seafood processing plant in Mar del Plata, maintaining vertical control from catch through frozen export of whole shrimp, headless shell-on, peeled deveined shrimp, shrimp tails, squid tentacles, squid tubes, graded squid, and fish fillets.

Product overview

Illex Fishing SA is a fishing company based in Argentina that supplies quality seafood products to more than 20 countries worldwide. The company operates its own fishing vessels and factories and employs experienced professionals. The product portfolio centers on two core product categories: Argentine Red Shrimp (available as frozen whole shrimp, headless shell-on, peeled deveined, and shrimp tails) and Argentina Illex Squid (available as tentacles, tubes, and size grades SS/M/S). Additional products include Codfish and Yellow Croaker. The company exports over 200,000 tons annually, primarily to the European Union, USA, China, Latin America, and Africa. The seafood processing plant is located in Mar del Plata, Argentina.

Differentiator

Problem solved

Functional benefit

Products and services

• Argentine Red Shrimp Premium frozen Argentine red shrimp harvested from national and provincial waters, supplied in multiple finished forms for international food service, retail, and further-processing buyers.
• Argentina Illex Squid Frozen Argentine Illex squid supplied as tentacles, tubes, and graded sizes (SS, M, S), targeting seafood importers, distributors, and food service buyers.
• Codfish Frozen codfish offered in headless gutted tailless, fillet, and strip formats for international wholesale buyers.
• Yellow Croaker Frozen yellow croaker exported as a core seafood product for international importers and distributors.

Quantifiable outcome

• Supplying quality seafood to more than 20 countries worldwide
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Maruha Nichiro: Japanese global seafood conglomerate with vertically integrated fisheries, aquaculture and processing including cephalopods and shrimp. Comparable broad incumbent sourcing Argentine and South Atlantic seafood for global distribution.
• Pescanova (Grupo Nueva Pescanova): Global Spanish seafood group with integrated fishing, farming and processing of fish, cephalopods and shrimp across multiple origins (Argentina, Namibia, Africa). Competes with Illex for international frozen squid/shrimp accounts but at vastly greater scale and portfolio breadth.
• Royal Greenland: One of the world's largest seafood companies, vertically integrated from vessel/catch through processing, with broad frozen and value-added seafood portfolios including shellfish and whitefish. Comparable diversified frozen-seafood exporter competing for the same global foodservice and retail B2B buyers.
• Thai Union Group: Global seafood giant (Chicken of the Sea, King Oscar, Bumble Bee) producing frozen and value-added shrimp, cephalopods and fish. Overlaps with Illex as buyer and competitor of Argentine-origin squid and shrimp in international B2B channels.
• Clearwater Seafoods (FNC Co.): Canadian-owned global shellfish and seafood producer (scallops, lobster, clams, cephalopods) supplying B2B buyers worldwide. Overlaps with Illex in premium shellfish/cephalopod distribution to international retail and foodservice customers.

Direct peers

• Newsan Food: Argentine seafood and food company that fishes, processes and exports Argentine seafood including hake, shrimp and squid from Mar del Plata. Most direct Argentine export peer to Illex Fishing S.A.
• Grupo Veraz: Argentine fishing and seafood exporter headquartered in Mar del Plata operating its own fleet and processing plants, exporting hake, squid and other groundfish globally. Operates from the same port and serves overlapping international B2B seafood buyers.
• Pesquera Santa Lucía: Argentine fishing company catching and processing red shrimp and Illex squid in the South Atlantic for export. Closely comparable species mix, fishing grounds, and export orientation to Illex Fishing.
• Iberconsa: Spanish seafood company (now part of Thai Union) fishing and freezing cephalopods (including Illex squid) and shrimp for European and global B2B buyers. Closest European counterpart competing for the same Illex squid and shrimp buyers Illex serves.

Emerging players

• High Liner Foods: North American value-added seafood company focused on frozen, breaded and prepared seafood products for retail and foodservice, sourcing globally. Comparable in seafood processing and B2B distribution though without Illex's wild-catch vertical integration.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/grupo-chiarco

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Illex Fishing SA / Atlantis