Project Hydro – Opportunity to acquire the business and assets of a vertical and hydroponics farming solution
High potential business with custom-built agri-tech facility located in the UK
Opportunity Overview
- Premises with 6,530 sq. m (70,284 sq. ft) ground space and 10 metres available height, and two fenced loading bays
- Newly refurbished modern warehouse unit situated on a clean business estate, with recently granted planning permission
- Airlocked environment protecting crops from pests and enabling pesticide-free growth
- New plant & machinery, 20ft climate chamber research module, an electric substation unit, seeding/picking machinery, new refrigeration equipment, HVAC equipment, water tanks, CO2 installations
- Highly experienced management team of growers & PhD qualified agricultural scientist, and expertise in managing multi-site fresh food businesses
- Business partnered with research universities and media coverage over multiple platforms
Business Overview
- Designed as a fully circular green vertical farming model
- Capacity to deliver food products to local supply chains
- Significantly low costs and time input, compared to traditional farming methods
- Strong ESG credentials and robust agricultural industry challenger aimed at combating food shortages
- Projected high yield and low emissions business operation ready for launch subject to addition of farming equipment
- Large addressable market and projected to operate at scale all season round
- The management team has a clear vision, a set of measurable goals and deliverables, backed with a wealth of experience as growers in agriculture and crop farming
Seeking Further Investment
- £8.5 million invested in the infrastructure and business. Further funding required for requisite farming equipment to become fully operational
- Actionable client list available for execution upon production
- Well positioned for significant uptake in market penetration and sustainable future growth
Financial Overview
- High value plant & machinery
- Long term lease with significant rent deposit in place and premises agricultural business rates exempt
- Forecasted low OPEX and utilities contract with market leading energy supplier
- Energy-related saving benefits including solar photovoltaic cells installed on premises, and capability to install additional cells
