The Company is an established, vertically integrated producer and global distributor of premium black caviar, controlling operations across sturgeon farming, specialized processing, and multi-channel international distribution. By combining proprietary aquaculture assets with direct global commercialization, the business has built a scalable platform serving premier hospitality accounts, retail partners, and direct consumers worldwide.

Backed by consistent execution—evidenced by a 75% CAGR between 2022 and 2025—the Company generated €4M+ in revenue in 2025, delivering approximately 8.5 tonnes of caviar across 52 countries.

To capture additional processing and supply margins, secure long-term biomass, and accelerate commercial expansion, the Company is raising €4.7 million in growth equity to execute targeted vertical integration and asset acquisitions.

Operational & Financial Highlights

• Strong Revenue Trajectory: Delivered €4.0M+ in revenue for FY2025, representing a 75% CAGR from 2022 to 2025.

• Global Footprint & Blue-Chip Validation: Direct sales footprint across 52 countries, anchored by flagship enterprise clients including Qatar Airways.

• Balanced, Multi-Channel Sales Mix:

  • HORECA (60%): Core institutional foundation supplying luxury hotels, fine dining establishments, and premium airline catering.

  • Retail (25%): Established presence in high-end specialty, gourmet, and luxury department grocers.

  • B2C Online (15%): Rapidly expanding direct-to-consumer digital channel generating premium gross margins and strong repeat purchasing.

• Continuous Production Platform: Advanced farming conditions support year-round sturgeon production and harvesting, eliminating seasonal bottlenecks and ensuring steady supply.

Core Competitive Positioning

• Substantial Barriers to Entry: Black caviar production requires multi-year sturgeon maturation cycles (typically 7 to 10 years to reach harvest maturity), complex aquaculture engineering, and stringent international regulatory compliance (CITES), creating strong moats against new market entrants.

• High-End Market Positioning: Operates strictly within the luxury gourmet food segment with proven multi-channel pricing power and brand credibility.

• Significant In-Sourcing Opportunity: The business currently outsources approximately 50% of its production volumes to third-party partners. Internalizing these volumes through targeted acquisitions provides a clear, low-risk roadmap for immediate margin capture and total quality control.

Growth & Capital Deployment Strategy

The Company has established a clear strategy targeting a 3.0x increase in equity valuation over a nine-year period, focusing capital allocation on four key initiatives:

1. Supply Chain In-Sourcing: Acquire operating fish farms and mature livestock to replace third-party procurement, capturing full value-chain margins and mitigating biological supply risks.

2. Central & Eastern European Expansion: Execute targeted acquisitions of brownfield aquaculture assets in cost-efficient CEE markets to expand biomass capacity at attractive valuations.

3. Capacity & Efficiency Optimization: Invest into existing production facilities to modernize infrastructure, improve yield, and increase processing throughput.

4. Commercial Scale-Up: Deepen HORECA market share globally while aggressively scaling the high-margin direct-to-consumer online business.

Transaction Overview & Next Steps

The Company is seeking a €4.7 million equity investment for a minority stake, open to strategic industry players and financial sponsors capable of supporting long-term international expansion.

Proceeds will be deployed directly into upstream aquaculture M&A, facility upgrades, and global commercial scale-up. Detailed operational models, audited historical financials, and transaction documentation are available in the Virtual Data Room (VDR) to qualified investors upon execution of a standard Non-Disclosure Agreement (NDA).