Equity stake — date packing plant, Biskra

The plant currently handles 900 tonnes of Deglet Nour a season, of which 240 are graded and vacuum-packed. The rest leaves in bulk, where the margin is half.

The funds sought pay for an optical grading line and a 400 m³ cold room, which are the two items export depends on. The file prices both, and gives three seasons of actual accounts rather than a forecast alone.

Places are limited to three because the shareholders' agreement gives each investor a seat on the season committee. A fourth entry would change the governance and not only the split.