Norfund has invested USD 7.4 million in Verde Beef Processing PLC, aiming to establish it as the leading cattle processing operation in Eastern Africa.
Target Company Overview
Verde Beef Processing PLC, based in Ethiopia, is a fully integrated beef producer that engages in both feed production and feedlotting activities. The company is committed to producing premium beef and has set an ambitious goal of establishing itself as the largest cattle processing operation in Eastern Africa, aiming for an impressive output of over 130,000 carcasses annually.
To support its growth, Verde Beef is currently constructing a state-of-the-art abattoir and meat processing facility. This investment will significantly enhance their operational capabilities, allowing them to meet both local and regional demand for high-quality beef products.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Ethiopia
The Ethiopian beef industry has experienced substantial growth in recent years, driven by increasing demand both domestically and internationally. A significant portion of
Similar Deals
Main Post Partners → Smoothie King
2025
Cerea Partners → Vincent Guerlais
2025
Ascent Equity Partners (AscentEP) → Humanrace
2025
Norwegian Investment Fund for Developing Countries
invested in
Verde Beef Processing PLC
in 2023
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $7M