Zeder Investments Limited is committing US $46.7 million to acquire and expand Chayton Africa, an agricultural business. Chayton Africa will be transformed from its status as a private equity vehicle into an agricultural operating company. The company currently produces 10% of Zambian soya and 5% of its wheat, with production increase estimates for the next year up to 35% and 15%, respectively. The company’s goal is to “fill in the critical gaps in the supply chain by accessing markets across the region and unlocking the value achievable across the agricultural supply chain.”
Africa: Private Equity Deal to Spur Growth in Agribusiness
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