SCRIMAD

SCRIMAD is a Madagascar-based agribusiness company specializing in the export of fresh fruits, spices, and fruit ingredients, targeting international markets and promoting sustainable agricultural practices. SCRIMAD, founded in 1993 in Antananarivo, Madagascar, focuses on the export of fresh fruits and spices. The company has not reported any significant pivots or changes in its business operations. It is not mentioned as a subsidiary of a parent company nor does it have reported subsidiaries.

The firm has completed one deal as of July 10, 2015, when it raised venture funding from I&P, with financial terms undisclosed. Information regarding the founder is not available. SCRIMAD Group is primarily engaged in the agribusiness sector, specializing in the export of fresh fruits, spices, and fruit ingredients. Their core product offerings include fresh lychees and pineapples, as well as a variety of spices such as black pepper, vanilla, cloves, and cinnamon.

Additionally, the company produces fruit purees and juices, marketed under the Madagascar Premium Exotica brand launched in 2015. SCRIMAD Group operates through a network of contractual agriculture, collaborating exclusively with producers' organizations that represent over 400 families in Madagascar. The company's products are sold in various international markets, primarily targeting distributors, wholesalers, and retailers in Europe, Asia, and North America. The revenue model of SCRIMAD Group is structured around B2B transactions, focusing on partnerships with distributors and retailers who purchase their products in bulk.

The company engages in direct sales of fresh fruits and spices, as well as fruit purees under the Madagascar Premium Exotica brand. Transactions typically occur through contracts that specify quantities and delivery schedules, ensuring a steady supply chain. The firm’s partnerships with organizations that emphasize ethical trade and sustainability enhance its appeal in markets that prioritize quality and fair trade practices. Specific pricing details for products and services are determined through negotiations with clients, reflecting market conditions and demand.

In July 2015, SCRIMAD raised venture funding from I&P to support its growth initiatives, although specific financial terms were not disclosed. The company's future growth strategy includes the development of new product lines, particularly focusing on fruit purees and juices. SCRIMAD plans to expand its market reach into new regions, specifically targeting increased sales in Europe and North America by 2025, capitalizing on the growing demand for organic and sustainably sourced products.