Invest in an established organic producer with a history of success in its markets
The Business
The Company is an aquaculture company that was founded in 1993 that dedicated its first ten years to marine shrimp farming. The Company achieved sector leadership and made contributions on the industry’s environmental issues. In 2002, the Company converted operations to organic aquaculture and was certified by Biodynamic Institute. It became the first Brazilian company to produce organic certified shrimp and the first to produce organic certified oysters in the world.

The Company began development of the production technology for organic native oysters in shrimp ponds in 2005 and resulted in a system similar to that practiced in France. The technology is now well established and organic oysters are now being sold in the region.

Market
The Brazilian northeast has no certified oyster supplier and is an undeveloped market with little competition. Oysters grown in southern Brazil are not price competitive in the northeast because of the need for airfreight. Local oysters taken by fishermen lack quality and raise safety concerns. Those conditions reveal the potential for creation and expansion of a local market and an excellent business opportunity.

The Company intends to become a leader in the oyster production and marketing in northeastern Brazil. To do so it intends to expand production, build a depuration plant in accordance with national and international sanitary specifications and form a distributor network in the seven state capitals of the Brazilian northeast, as well as Rio de Janeiro, São Paulo and Brasilia. The Northeastern market will be served by the Company’s own truck and the southeast and midwest markets with airfreight. The Company has developed technology to maintain live oysters in tanks and exhibition aquariums for restaurants and distributors.

The Company is seeking $1.5 million of private equity financing to expand its business. This investment could serve as a basis for the future self-financing of the Company’s growth through further increasing the area of production, creation of other oyster based products such as frozen half-shell, shucked oyster meat and frozen ready meals and export to the United States and Europe.

Sector: Agriculture
Segment: Organic Aquaculture
Region: Brazil
Financing Size: $1m to $5m
Contact: Thierry Larose
Company: InBelFlu
Telephone: +55 21 4063 7353
Email: [email protected]