Following the delisting of Afgri, the old OTK co-op, in 2014 the only pure exposure investors could gain to the agricultural sector was various listings on the now defunct over-the-counter (OTC) market. All this changed in 2017 when one of the largest diversified agricultural co-ops, Kaap Agri, moved its OTC listing to the JSE. Backed by PSG-aligned Zeder Investments with a 41% stake, Kaap Agri has diversified out of its traditional Western Cape markets into six provinces and Namibia. Today it has a strong presence in retailing to the agricultural sector and the public.

Operationally Kaap Agri spans retail, building materials, speciality agricultural packaging (predominantly fruit), wheat storage, irrigation and agricultural machinery, and a fast-growing fuel division.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now