Red Tilapia producers looking to grow production with new investors

Nicolas Parra
Published 2022년 4월 23일
As the market for Colombian fish in the USA keeps growing, producers are seeing that their production is not meeting the demand in this market, they feel there are a lot of deals that they want to make but it’s not possible to do so.
To confront this problem, a lot of attention is being placed on the production of Red Tilapia which, like a lot of other varieties, needs to be processed in certified packing plants. These plants can cost about USD 2-3 each with a capacity of processing 20-30/mt per day.
Because of the capital-intensive requirements, producers are looking for investors and partners to develop production, packing plants, and new technologies. One of the biggest producers who want to tap into the American market is already working with a well-known investment bank to raise an estimate of USD 10M on a first investment round.
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