This included an analysis of market, technical, ESG and financial assessment for a potential 10,000 ton planned facility in Southeast Asia. Focusing on the premium salmon market , demand, supply premium pricing compared to imported Atlantic salmon.

This also included a business case with utilization of by products and offcuts to Pet food. Our commercial due diligence included validating and assessing the key assumptions in the financial model and business case, both for the fish production and by products. This included fish yields, assessing the market for high end Atlantic salmon products in the sashimi market in Japan, assessing prices for pet food products.

We also conducted a detailed financial analysis on the CAPEX and OPEX validating the cost assumptions from the key suppliers, contingencies, working capital, and key OPEX items. Build different scenario analysis based on different production plan scenarios.

‍