Stryve Business Combination with Andina Acquisition Corp. III
Vertical Integration
Stryve's manufacturing facility is the largest USDA approved air-dried meat manufacturing facility in
the US, allowing the Company to scale with minimal additional capital expenditures
Stryve
$100M
Facility Capacity(1)
Largest USDA Approved
Air-Dried Meat Manufacturing Facility
>$10M
Invested into Facility
SQF Level II
Food Safety Certification
Regulation Creates Barriers to Entry
•
•
USDA has been extremely restrictive on approving facilities
Importation of processed meat is prohibited limiting
international competition
Management is aware of only one air-dried meat facility
capable of commercial production - a facility that is one-
third the size of Stryve's
Flexibility & Value Protection
Excess capacity for contract or private label customers
creates value floor for investors assessing downside risk
Scarcity of manufacturing capacity for air dried beef in
the U.S. makes Stryve's facility a uniquely valuable asset
stryve
Spray Beef with Vinegar
Cut Beef into Slabs
Mix Slabs with Spices
Air Dry
Thinly Slice Slabs
(1)
Modest drying room expansion may be required to reach capacity figure presented. Building was designed to facilitate future expansion for minimal capital expenditure
Package Sliced Meats
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