Aquaculture - Technical due diligence

As a component of the wider Due Diligence procedures that are required during acquisitions, mergers and investments, the company offers specialised technical due diligence services to potential investors, finance institutions and private equity houses.

Technical due diligence studies are designed to provide a complete technical review of existing and proposed operations, and provide the client with a comprehensive analysis of a system's potential performance, and operational risks. Key issues that are interrogated during this process usually include a review of the production technologies and culture systems (hatchery, nursery, grow-out, broodstock, live feed systems); a review of past production performance and production scheduling; disease risk; farm management practices and human resources; logistics; emergency back-up systems; feed production; product processing; environmental impact and effluent streams; and legislation and permitting.

Where possible, operational practices are benchmarked to country standards (e.g. national standards bureaus, codes of conduct). In cases where no national standards have been developed, international standards such as the World Bank / IFC operational standards, FAO codes of conduct, and aquaculture certification standards may be applied.

The company has undertaken technical due diligence studies for the following species; Prawn (Penaeus indicus, Penaeus monodon), abalone (Haliotis midae, Haliotis discus hannai), Tilapia (Oreochromis karongae, Oreochromis mossambicus), catfish (Clarias gariepinus), dusky kob (Argyrosomus japonicus), Silver kob (Argyrosomus inodorus), and yellowtail (Seriola lalandi).