Agribusiness investor Zeder disposes 32.1% stake in Quantum Foods for US$18m

SOUTH AFRICA – Agribusiness and food industry focused investment group, Zeder Investments has offloaded all its 61.6 million shares, representing 32.1% stake held in Quantum Foods Holdings Limited, a JSE-listed feed and poultry products firm to Country Bird Holdings Proprietary Limited (CBH). CBH is an integrated poultry and stock feed business with operations in South Africa, Botswana, and Zambia. According to Zeder’s statement announcing the disposal, the company has sold the shares at R5 per share fetching a total of R308m (US$18m). The value of the net assets comprising the sale…

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