Verde Beef Processing – Ethiopia – Agri

What we do: Verde Beef Processing is an Ethopian agribusiness company that operates the largest feedlot and beef processing business. Verde beef Processing is situated in a 1,300 hectare feedlot and crop farming facility in Adami Tulu which is on the south of Addis Abba. The business uses its feedlot facilities to feed and fatten cattle and recently began the export of Ethopian beef to the Middle East.The company employs more than 350 people.

Ownership & Management: Verde Beef Processing is owner managed and sold 33% of its shareholding to 8 Miles LLC (UK private equity firm). The company has strong management team which has attracted a good quality equity funding.

Key financial indicators: Not provided. Verde Beef Processing operates a beef processing business situated on a 1,300 ha feedlot and crop-farming facility. With the new investment from 8 Miles LLC, Verde Beef Processing plans to grow from its current base of 6,000 animals as demand for beef in the Middle East, Africa and Asia continues to increase. The business also plans to begin construction of its own abattoir and meat processing facility in 2017 in order to enhance its product offering and maintain high export quality standards.

Track record: Ethiopia has the sixth largest cattle population in the world. Verde Beef Processing uses its feedlot facilities to feed and fatten cattle and has recently started export of their premium quality Ethiopian beef.

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