Please note: you are viewing an old version of this deal. The current version can be found here: Deal #2053

Deal #2053 Version #56849

Zambia
Created at
2013-02-15
Last update
2014-07-03
Last full update
2024-07-09

Land area

Intended size
10 000 ha
Size under contract (leased or purchased area)
  • [2012, current] 4100.0 ha
Size in operation (production)
  • [2014, current] 4100.0 ha
Comment on land area
Intended size was adjusted downwards from 20,000 to 10,000ha when Zeder bought Chayton. 4000 ha consists of 3 different farms in the Mkushi area.

Intention of investment

Intention of investment
  • [current] Food crops

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
  • [2010, current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)

Purchase price

Comment on purchase price
In March 2012 Zeder bought a 96% stake in Chayton for $46.7 million-- Business Day live article states that Zeder only acquired a 73.4% interest in Chayton.

Contract farming

Contract farming
No