Deal #7071

Land area

Size under contract (leased or purchased area)

[current] 1856.0 ha

Comment on land area

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)

Intention of investment

[current] Food crops, Non-food agricultural commodities (1856.0 ha)

Negotiation status

[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)

Implementation status

[current] In operation (production)

Contract farming

Comment on contract farming

Might involve contract farming off the lease.