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Zeder Investments acquires 49% stake in Farm-AG group

Zeder Investments, the JSE-listed investment holding company that targets agribusiness opportunities in Southern Africa, is acquiring a 49% stake in Farm-Ag, a producer and distributor of crop protection chemicals. Structurally the transaction is being executed through Zaad Holdings, Zeder’s wholly owned seed platform subsidiary, which has established itself as a leading producer, marketer and distributor of agricultural seeds in the in the region and overseas.

Commenting on the deal, Zeder’s CEO, Norman Celliers was quoted as saying “Zeder remains focused on its strategy of growing the companies within their existing portfolios by leveraging the strong platforms they have established across the broad agribusiness industry.”

Zeder Investments’ shareholders were advised that the deal came into effect on May 1st, 2016. Financial terms of the transaction were not disclosed. PSG Capital acted as an advisor on the deal.

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