Zaad Holdings to Acquire Stake in East Africa Seed
29 August 2019
Zaad Holdings is proud to announce that we have concluded an agreement to acquire a 40% stake in the East Africa Seed (EAS) group of companies.
EAS was established in 1972 and has steadily grown to become the leading independent seed company within the East and Central African regions. It operates in Kenya, Uganda, Rwanda, Tanzania and Zambia. Its products are distributed through a wide distribution network of appointed dealers and stockists in major cities and towns throughout Eastern and Central Africa.
Zaad Holdings has identified East and Central Africa as important growth areas for seed and agrochemicals. Upon completion, this investment will provide Zaad with access to these markets. Zaad’s seed products and genetics will further enhance the profile of the EAS group of companies.