Food & Beverage Businesses for Sale and Investment Opportunities in Spain

1. For sale: Frozen meat processing and trading company with its own cutting plant located in Murcia, Spain. 2. Products and services include trading of all types of frozen meat such as chicken, beef, and sheep, both domestically and internationally. 3. Experienced team of 50 employees, with more than 25 years of combined experience in the industry. 4. Company reports high growth every year, with an EBITDA of €1mm and is very profitable. 5. Company has 80% recurrent clients, with export orders exceeding 1,600 this year. 6. Company has its own brand name and also sells under clients’ brand name, with 20% of sales coming from its own cutting plant. 7. An excellent business opportunity with high potential for further growth.

- Our firm is a registered agriculture company based in the Canary Island. - We are starting a farming business of growing all types of mushrooms including all exotic strains. - The land of 45,000 square meters has already been reserved by us and are seeking funds to kick start the project. - Target market: we plan to sell mushrooms to 7 canary islands both in packaged and raw material form. - There is a huge market opportunity for mushrooms in Europe. - The directors of the company holds over 25 years of industry experience. - Have all the required documents in place. - Founders have already invested EUR 600 thousand and they can further invest EUR 3 Million in the business.

- Company involved in the processing and export of Cocoa to Northern Africa. - Seeking senior secured lender for a USD 1.5 million short-term commodity trade finance facility for a cocoa processor/trader in Spain. - Each deal amount is approx USD 50,000 - USD 100,000 on shipment of cocoa powder from Spain to 4–5 buyers mainly in Northern Africa (Morocco, Algeria, and Tunisia). - Each deal of 40-80 days is on an uncommitted, transactional basis and continuously recurs. - 60% of the deals are receivable finance of 30–60 days. Buyer non-payment risk is covered with Coface Spain credit insurance. - 10% of the deals are voyage finance of 10–20 days. Financing is from the load port to the destination port. The lender receives payment 2 days before the vessel. Arrives at the destination port. Release of title to cocoa occurs after receipt of payment. - 30% of the deals are voyage finance followed by receivable finance for a financing period of 40–80 days. - Up to 15 deals may overlap but cannot exceed USD 1.5 million in aggregate. - Senior secured lender to provide 85% of each loan. Hommocks will provide 15% of each loan as a junior secured lender. - Hommocks will document the agreements and book/administer the loans. - Interest rate is SOFR + 8%pa. Current SOFR is approx 5.35%pa. Thus, all-in rate is 13.35 %pa (=8.5% + 5.35%) currently. There will be a floor SOFR of 3.5%pa. - The borrower company was founded 11 years ago and is located in Northern Spain. - The borrower company's annual sales are USD 2.5 million, total assets USD 4 million, and equity is USD 0.8 million.