An agribusiness giant rises
Author: Jaco Visser
Zeder Investments recently concluded the largest transaction in its existence, boosting its investments in agriculture to more than R10 billion and proving the company’s positive outlook on the industry. Jaco Visser interviewed CEO Norman Celliers.
Ensconced in the sleepy university town of Stellenbosch, Zeder Investments increased its exposure to agriculture recently by acquiring unlisted Agri Voedsel in an all-share transaction. This boosted the company’s stake in Pioneer Foods to more than 30%. Zeder also has investments in primary agricultural producers, Capespan and Chayton. The latter is a grain producer in Zambia.
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