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Deal #1999 Version #56556

Congo, Dem. Rep.

Created at

2013-02-15

Last update

2017-06-02

Last full update

2024-03-04

Operating Company

Operating company

Comment on investment chain

Feronia acquired these plantations by buying 76% of Plantations et Huileries du Congo (PHC, registered in DR Congo). Feronia purchased these shares from Unilever. The company which purchased these shares was Feronia JCA Ltd, a Cayman Islands subsidiary of Feronia Inc. DRC passed a new Law on the Funadmaental Principles of Agriculture (loi portant principes fondamentaux relatifs à l’agriculture) on June 24, 2012 that states, under Article 16, that land can only be attributed to companies that are majority owned by national investors.

Network of parent companies and tertiary investors/lenders

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