By PwC
PwC advised Sustainable Agro Solutions (SAS Group) on its acquisition of a majority stake in Afrikelp Holdings.
Afrikelp is a South African specialist in seaweed- and plant-based biostimulants.
The acquisition expands SAS Group’s biostimulants portfolio and represents its first acquisition in South Africa.
PwC provided buy-side financial and tax due diligence, tax structuring and the earn-out review.
Teams from PwC South Africa and PwC Spain collaborated on the transaction, combining local market knowledge with specialist capabilities from across PwC’s global network.
The transaction represents an important milestone in SAS Group’s international expansion and further demonstrates the role of cross-border investment in South Africa’s agricultural sector.