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

Deal #2053 Version #56857

Zambia

Created at

2013-02-15

Last update

2016-12-15

Last full update

2024-07-09

Land area

Intended size

10 000 ha

Size under contract (leased or purchased area)

[2012, current] 4094.0 ha

Size in operation (production)

[2014, current] 4094.0 ha

Comment on land area

Intended size was adjusted downwards from 20,000 to 10,000ha when Zeder bought Chayton. 4094 ha consists of 3 different farms in the Mkushi area. Whispering Hope + Parklands: 2.504 ha / Amasenga: 1.590 ha

Intention of investment

[current] Food crops

Nature of the deal

Lease

Negotiation status

[2010, current] Concluded (Contract signed)

Implementation status

[2010, 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.