Transaction Summary
Fedgroup, a South African investment and insurance company, and the Investment Fund for Developing Countries (IFU), Denmark’s development finance institution, have committed over $40 million to Verdant Orchards, an export-focused agribusiness, building high-value perennial orchards, in South Africa under Verdant Frontiers Group. IFU contributed $15m and Fedgroup over $25m, targeting expansions across Mozambique, Zambia, and South Africa. Verdant Orchards also acquired Noordgrens, an established citrus farm in Limpopo.
Terms
- Fund Managers: IFU & Fedgroup Asset Management Pty (Ltd)
- Target Company: Verdant Orchards LLC
- Investment Amount: $40m+
- Fund: Danish SDG Investment Fund (IFU) and Impact Portfolio (Fedgroup)
- Transaction Type: Equity Investment
Transaction Rationale
This investment supports Verdant Orchards’ capacity expansion and focuses on high-value crops for global markets. With plans to complete planting over 1,600 hectares of orchards by June 2026, the company aims to meet surging global demand for citrus and avocados. Expansion plans include Verdant’s citrus farm in Gaza Province, Mozambique, where
