An opportunity to acquire a position in a business with an innovative, non-toxic, anti-fouling solution for marine applicationsThe Business
The Company was founded to fulfill the market need for long lasting, effective, non-toxic marine anti-fouling coatings. Fouling, or the undesired growth of aqueous organisms such as mussels and barnacles, is a major problem to marine industries. Fouling has traditionally been addressed with toxic anti-fouling coatings that contain hazardous heavy metals and organic solvents, which are regarded as strong greenhouse gases.
The Company has developed an effective alternative solution to prevent fouling, which has long life and needs little maintenance. The anti-fouling product does not kill organisms but rather repels them. It is a non-toxic product that does not pollute the marine environment, which fits into the global increase in sustainability and environmental awareness.
Market
The Company’s product has been well received at major aquaculture customers. The Company now plans to expand in the marine shipping market. It plans to focus on the major owners, operators and shipyards in Europe with special attention to key markets like Norway, Germany, The Netherlands and Denmark.
The Company has an experienced, committed and talented management team, both from a business and a technological point of view. The team has demonstrated it can build a product and bring it to the market.
The Company is seeking a private equity investment.
Sector: ChemicalsSegment: CoatingsRegion: Western EuropeFinancing Size: $1m to $5mContact: Bastiaan Visser
Company: Independent Capital PartnersTelephone: +31 205 752 762Email: [email protected]