Fishing Company Seeking Loan in Mauritania

Fishing company that was operating in Mauritania and is now looking to buy 7 vessels.
This Business is on a Premium Plan
Fish Mauritania
Processor
Processor + Seiner
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
3:11 AM Spain
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 28 million for 10.0% annual interest, 5.0 years (Native Currency: USD 28,000,000)
Reason: For purchase of 7 vessels.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

We are a fishing company that was operating in the fishing zones of Mauritania. We had 3 trawlers and would unload our frozen fish on reefers in Nouadhibou port. Currently we do not have operations but we are looking to buy 7 vessels to start our operations again. This would allow us to catch and freeze 200 tonnes of fish per day. We would deal in fish of various types such as Burro, Mackerel, Horse Mackerel, Sardine, Pargo, Dentex and Bonito. The main buyer for our product would be a company from England and we are in talks with other companies as well. Promoter has been working as a captain on shipping vessels since 1981.

Products & Services Overview

Fishing in Mauritania and sale of frozen fish.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    GM, Andhra Pradesh, Financial Advisor connected with this business
  • Earlier than 15 days
    Director Of Origination Africa., Nairobi, Financial Advisor connected with this business
  • Earlier than 15 days
    Director, Cape Town, Financial Advisor accepted business proposal
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Disclaimer: SMERGERS is a marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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