Equity private placement subscribed by Seaboard Corporation

  • Date: June 2015
  • Exclusive financial advisor: Ascent Capital Partners

Transaction highlights

  • In June 2015, Seaboard Corporation, a leading U.S.-based agribusiness and transportation company (2014 sales of USD $ 6.5 billion) announced an equity injection of USD $18 million in Zalar Holding, Morocco’s leading poultry player, resulting in a 12% ownership in the company
  • The rationale of this transaction was primarily to (i) support Zalar’s investment program over the next three years, (ii) support the company’s expansion towards West African markets, and (iii) strengthen its balance sheet

Company overview

Zalar Holding is a leading integrated player in the Moroccan poultry industry, present across the entire poultry value chain.

The group is organized across five key business segments: import of agricultural raw materials, animal feed, hatchery, breeding, poultry slaughtering, and production of finished poultry meat products.

Zalar Holding employs more than 1,700 people across 15 operating subsidiaries.