Land-based Fisheries Enterprise Retains Excend for $21MM Transaction
- Excend
- Jun 21, 2022
- 1 min read
Updated: Jan 6, 2024
The enterprise has partnered with a leading fisheries technology and solutions company
Santiago, Chile - June 21, 2022
With an offtake agreement in place with a leading United States fisheries buyer for 100% of production, the company requires $21MM in capex to complete its facilities with recirculating water tanks to farm yellowtail amberjack fish.
Phase I annual production will produce 900 tons annually, while phase II--requiring an additional $20MM--will add an additional 900 tons of annual production.
About Excend
Excend provides investment banking services to middle market organizations.
Comments