Deal #7071 Version 77956 Version 77957
Comment on land area
Our farms include; Kingfisher- Naivasha – (Roses, Spray Carnations, Fresh produce) Flamingo – Naivasha – (Roses and Fillers) Ibis – Mount Kenya – (Tenderstem, Broccoli, fine beans, runner beans, sugar snaps mangetout, spring onions as well as a range of fresh herbs) Siraji – Mount Kenya (Spray Carnations, large headed roses)
Our farms include; Kingfisher- Naivasha – (Roses, Spray Carnations, Fresh produce): 93ha, established in Flamingo – Naivasha – (Roses and Fillers) Ibis – Mount Kenya – (Tenderstem, Broccoli, fine beans, runner beans, sugar snaps mangetout, spring onions as well as a range of fresh herbs) Siraji – Mount Kenya (Spray Carnations, large headed roses)
Negotiation status
  • Concluded (Contract signed)
  • [2007] Concluded (Change of ownership)
  • [current] Concluded (Contract signed)
  • [1990] Concluded (Contract signed)
  • [2007] Concluded (Change of ownership)
  • [2007] Concluded (Contract signed)
  • [2015] Concluded (Change of ownership)
  • [2015, current] Concluded (Contract signed)
Comment on negotiation status
The 30-year Kingfisher farm stands where one of the pioneers of Kenya’s flower industry, Sulmac used to be until 2000 when it was sold by CDC to another flower giant, Homegrown, a subsidiary of Flamingo Holdings. Flamingo was in turn acquired by James Finlay in 2007 (https://allafrica.com/stories/200708020834.html), which subsequently sold its horticulture activities to an affiliate of Sun European Partners, LLP (https://www.swire.com/en/news/_press-releases/p151013.pdf)
Comment on investment chain
CDC Capital Partners (CDC) purchased a 14% stake in Flamingo

Location #fIWbzJMT

Comment
Kingfisher and Flamingo Farms

Location #gQphddO0

Comment
Ibis and Suraji Farms

Data source #Gjwe3Q0n

Type
Media report
Url
Keep PDF not public
No
Publication title
Farm: Flamingo Flowers Kingfisher Farm
Comment on data source
Floralife

Data source #UYxc9oCd

Type
Company sources
Url
Keep PDF not public
No
Publication title
Finlays agrees sale terms of Horticulture Division with Sun European Partners
Date
2015-10-13
Comment on data source
Sale by James Finlay to Sun European Partners