A recent investor presentation outlining the finances of South African investment group PSG has highlighted the amount of money Capespan has put towards acquisitions and expansions projects in the past two years.
Capespan is majority owned by Zeder, the agribusiness division of PSG, which is headed up in Stellenbosch.
According to the Cape Business News, PSG's presentation showed that Capespan had invested over R800m in various companies and projects in the past two years, including R147m on a 25 per cent stake in Golden Wing Mau (China) and R28m on a similar stake in Hong Hong-based Goodview.
Closer to home, the group spent R120m on Nova Packhouse and TWK Farms respectively in South Africa, R53m on a 25 per cent stake in Germany's Van Wylick, and R7m on 10 per cent of GT-SA in Mozambique, the publication said.
Capespan has also been splashing out on infrastructure expansions, with R326m spent on South Africa's FPT terminals, R40m on GT-SA, R61m on Northern Cape Farms and R91m on NGC Farms in Namibia.
Cape Business News said that smaller investments included Applewaithe (R16m), Nova (R7m) and Capespan's own farm infrastructure (R69m).
