Investment by Sub-Saharan Africa-focused private family capital fund in leading beef processing and distribution company headquartered in South Africa and serving markets around the globe
January 06, 2016
DENVER — (BUSINESS WIRE) — 1K Africa a private family capital fund focused on Sub-Saharan Africa, today announced that it closed a minority investment in Beefmaster Holdings, a vertically integrated South African producer and distributor of beef related products, serving markets around the globe. The investment, which closed in late December 2015, is 1K Africa’s second in the agribusiness processing and distribution sector.
Beefmaster is headquartered in the North West Province of South Africa in the heart of South Africa’s cattle country and with easy access to a regular water supply from the Vaal River. Beefmaster’s operations include a leading abattoir, feedlots, logistics operations and multiple Beefmaster-branded retail outlets.
About 1K Africa
1K Africa invests the Intellectual Capital, Relational Capital and Financial Capital of industry-leading family offices. 1K Africa primarily focuses on the agribusiness, consumer/retail, logistics/distribution and manufacturing industries in Sub-Saharan Africa.
About Beefmaster
Beefmaster Holdings Limited is a privately owned vertically integrated processor of beef related products located in the Northern Cape Province in South Africa. For more information, please visit www.Beefmaster.co.za.
Contacts
1K Africa
Ewoud Derkson,
+1-720-407-8220
ederksen@1africa.net
