Indonesian barramundi farmer Fega Marikultura is hoping to raise $15 million (€11.9 million) in a minority stake offering as part of its plans to expand production to 20,000 metric tons of production by 2020, bringing in over $100 million (€79.1 million) in revenue, according to backers of the project.
Fega Marikultura, a company wholly owned by Sofjan Alisjahbana and his family, engaged corporate finance and advisory firm Oceanis Partners to help craft the growth plan and identify potential investors in the project last year, and now the group is actively seeking capital both domestically and abroad, according to Mattia Pipino, partner at Oceanis Group.
Fega
