ETG Inputs HoldCo LTD ("EIHL"), a subsidiary of ETG, is pleased to announce its entry into definitive agreements with Zaad Holdings Proprietary Limited ("Zaad Holdings")—a wholly owned subsidiary of Zeder Financial Services—for the acquisition of Zaad Holdings' equity interests in key African operations.
This acquisition reflects ETG’s commitment to expanding its footprint across Africa while contributing to sustainable agricultural solutions and market leadership.
Under the terms of the agreement, EIHL will acquire Zaad Holdings’ shareholding in the following businesses:
· KK Seed Zimbabwe
· KK Seed Zambia
· KK Seed Mozambique
· Agri seeds Zimbabwe
· H&B Agro (Netherlands)
The transaction is subject to standard conditions precedent, including regulatory approvals and third-party consents.
The transaction has been classified as a Category 2 transaction under the JSE Limited Listings Requirements. EIHL will collaborate closely with relevant regulatory authorities and stakeholders to ensure a smooth transition.
Ashish Lakhotia, EIHL CEO said: “ETG Inputs recognizes the immense value these businesses bring to the agricultural sector in Zimbabwe, Mozambique, and Zambia. This acquisition cements EIHL’s vision of360◦ happiness for farmers by broadening its product offerings. Through strategic investments like this, ETG Inputs continues to strengthen its role as a leader in advancing sustainable agricultural practices across key markets.”
About ETG Inputs HoldCo LTD (EIHL)
ETG Inputs HoldCo LTD, a subsidiary of ETG, is a leading player in the agricultural sector, specializing in high-quality agricultural inputs and innovative solutions for sustainable farming practices. With operations across multiple regions, ETG Inputs remains committed to empowering farmers, enhancing agricultural productivity, and fostering community development.
For inquiries, please send a mail to info@etgworld.com
About Zaad Holdings
Zaad invests in the specialised agri-inputs industry where they currently own, develop, import and distribute a broad range of agronomy, forage and vegetable seeds into mainly Africa, Europe and other emerging international markets. In addition they distribute speciality agro-chemicals into Africa.
