Seafood Processing Company for Sale in Mandegas, Latvia
For sale: Fish processing company with 50-ton monthly capacity and established exports across the EU.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.57 million |
| Run Rate Sales | USD 1.77 million |
| EBITDA Margin | 5 % |
| Industries | Seafood Processing |
| Locations | Mandegas |
| Local Time | 9:59 PM Europe / Riga |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
2.1 million
(Native Currency: EUR 1,800,000)
Reason: The business is being sold due to the owner's declining health.
Includes physical assets worth
USD
1.1 million
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Pitch Deck
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Business Overview
- The company specializes in producing canned fish, cutlets, and a variety of other fish products.
- These are primarily supplied to B2B clients including grocery stores, retail chains, distributors, and the HoReCa sector.
- Products are offered in jars, trays, and custom packaging with client-specific designs.
- We have over 100 active clients and receive 20–50 orders daily.
- Our clients are based across Latvia, Lithuania, Estonia, France, Germany, Portugal, the UK, and Ireland.
- Our revenue model is based on bulk B2B orders with consistent recurring demand from long-term clients.
- We source frozen fish from around 40 suppliers and produce over 150 product varieties, including herring, mackerel, Baltic herring, sprats, hake, cod, squid, and seaweed.
- All recipes are developed in-house by experienced technologists.
- We use advanced packaging techniques and maintain strict quality control.
- Production is fast, stable, and flexible, tailored to meet changing market needs.
- We market our brand through social media platforms such as Facebook, Instagram, and LinkedIn.
- The company operates with 20 permanent staff and hires up to 25 additional contractual workers as needed.
- It is registered as a private limited company with a VAT license and holds export permissions to the UK.
- Operations follow a structured HACCP-based quality system.
- These are primarily supplied to B2B clients including grocery stores, retail chains, distributors, and the HoReCa sector.
- Products are offered in jars, trays, and custom packaging with client-specific designs.
- We have over 100 active clients and receive 20–50 orders daily.
- Our clients are based across Latvia, Lithuania, Estonia, France, Germany, Portugal, the UK, and Ireland.
- Our revenue model is based on bulk B2B orders with consistent recurring demand from long-term clients.
- We source frozen fish from around 40 suppliers and produce over 150 product varieties, including herring, mackerel, Baltic herring, sprats, hake, cod, squid, and seaweed.
- All recipes are developed in-house by experienced technologists.
- We use advanced packaging techniques and maintain strict quality control.
- Production is fast, stable, and flexible, tailored to meet changing market needs.
- We market our brand through social media platforms such as Facebook, Instagram, and LinkedIn.
- The company operates with 20 permanent staff and hires up to 25 additional contractual workers as needed.
- It is registered as a private limited company with a VAT license and holds export permissions to the UK.
- Operations follow a structured HACCP-based quality system.
Products & Services Overview
Our top-selling services include producing canned fish, cutlets, and other fish products, primarily for B2B clients such as grocery stores, retail chains, distributors, and the HoReCa sector.
Assets Overview
Tangible assets:- Land and buildings (EUR 435,000)
- Equipment and machinery (EUR 8,252)
- Other fixed assets: 5 vehicles and inventory (EUR 494,317)
Intangible assets:
- VAT license.
- Private limited company entity.
- Established client base.
- Proprietary recipes and formulations.
- UK export license.
- HACCP-compliant operating system.
Facilities Overview
The company operates on owned land spanning 7,030 sq m. The property includes the following buildings:- Production building: 634.6 sq m.
- Passage building: 24 sq m.
- Warehouse: 147.7 sq m.
- Freezer: 47.8 sq m.
- Outbuildings: 15 sq m.
- Shed: 18 sq m.
Capitalization Overview
The company has two owners holding 75% and 25% shares respectively. There is currently a EUR 100,000 credit, which will be fully repaid before the sale.
Recent Activity
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1 week, 3 days agoM&A Advisor, Investment Bank, Riga, Individual Investor / Buyer connected with the Business
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