
Zeder : an investment company based in South Africa which specializes in the agribusiness announced that it has withdrawn its stake from Quantum Foods also a South African feed and poultry business.
Quantum Foods, which trades on the Johannesburg Stock Exchange as QFH is a subsidiary of Country Birds Holdings. Quantum Foods is a diversified feed and poultry business supplies animal protein to certain South Africa and other selected countries in the region.
Zeder said in a statement that “ the rationale for the disposal has less to with the investment prospects of Quantum Foods, but rather more with the strategic investment objectives of Zedar”.