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Excellent investment opportunity to buy a fishing and aquaculture equipment company in Thessaloniki near a well-known fishing port with a solid source of revenue. The founder is looking for a partner with a global market footprint and is willing to stay on as CEO.
The business on offer has the title of one of the largest fishing and aquaculture equipment manufacturers in Greece. It caters to both fishermen and large aquaculture companies. The business regularly contributes capital in R&D to enhance the quality of the existing products as well as create new ones, aiming to make fish-farming and fishing operating costs lower and improve fish breeding. The COVID-19 has not changed sales flow. This is a medium-return investment opportunity with low risk.
The founder set an objective to triple the sales of the business in the period of five years and make export its primary direction, the only difficulty now is gaining access to foreign markets. An opportunity for expansion is producing nets for sports. The fishing and aquaculture equipment business for sale was established in 1982 by the owner’s father. The business has already invested in software and additives, co-financed research with academia and universities for new products with application in the aquaculture and recycling sector. The products are patented. In this year, a new R&D and manufacturing building totaling 10.000 square meters will be ready for operations, to facilitate further development of the business’s products.
The HQ, manufacturing, warehouse and R&D buildings are situated in Thessaloniki and are in the ownership of the company. As of now, the team includes 90 experienced professionals with 70% of them engaged in manufacturing, 6% in distribution, 10% in the financial sector and 14% in storage.
* See other offers for sale in the category “Equipment manufacturers”.
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