Please note: you are viewing an old version of this deal. The current version can be found here: Deal #1983
Deal #1983 Version #56480
South Africa
Created at
2013-02-15
Last update
2016-03-15
Land area
Intended size
107 800 ha
Size under contract (leased or purchased area)
- [1994, current] 107800.0 ha
Comment on land area
3 Estates owned. In addition, manages Glendow estate 28,700ha.
Intention of investment
Intention of investment
- [current] Biomass for biofuels, Food crops, Renewable energy unspecified
Nature of the deal
Nature of the deal
Outright purchase
Negotiation status
Negotiation status
- [1994, current] Concluded (Contract signed)
Comment on negotiation status
The company first started operating in 1891 and bought its first sugar mill and estate in 1904. In 1994 it changed its name to Illovo Sugar.
Implementation status
Implementation status
- [1904, current] In operation (production)
Contract farming
Contract farming
Yes
Not on leased / purchased (out-grower)
Yes