Metier Capital Growth Fund III has partnered with the van den Berg family to invest in Blinkwater Meule, a leading maize meal producer in South Africa, aiming to enhance food security and community impact.

Target Company Overview

Metier Capital Growth Fund III, through its investment initiative, has strategically partnered with the van den Berg family to acquire Blinkwater Meule, one of South Africa's largest independent maize meal producers. Established in 1995, Blinkwater is known for its vertically integrated operations, producing maize meal products under its own brands to satisfy the nutritional demands of millions of consumers, particularly in the Mpumalanga and Limpopo regions of the country.

Blinkwater's operations leverage a distinctive distribution network, which includes its proprietary logistics operation supporting approximately 325 corporate-owned retail stores located in informal settlements, as well as independent wholesalers throughout the northeastern provinces of South Africa. This model not only enables Blinkwater to reach a diverse customer base but also reinforces its commitment to local community development.

Industry Overview in South Africa

The maize milling industry is a foundational sector in South Africa, providing staple food products essential for food security across the nation. Maize is a key agricultural commodity, with significant pro