Home » Transactions » Saroafrica acquired a majority stake in SIAT, a Belgian agro-industrial player with oil palm and rubber plantations in Nigeria, Ghana, and Cote d’Ivoire

Saroafrica acquired a majority stake in SIAT, a Belgian agro-industrial player with oil palm and rubber plantations in Nigeria, Ghana, and Cote d’Ivoire

See how IMAP’s M&A advisors supported this transaction.

PRODUITS ALIMENTAIRES ET BOISSONS

Saroafrica

Service and aftermarket for the sawmill industry

Acquired Majority Control of Business Operations

SIAT

Investment group with small- and mid-sized companies

Siat is an agro-industrial group specialized in oil palm and rubber plantations

Transaction advisors

Vincent Jamaer

Managing Partner

Pieter-Jan Van de Walle

Managing Partner & CEO

Edward Lecomte

Vice President

Jean Zacharis

Analyst

Saroafrica acquired a majority stake in SIAT, a Belgian agro-industrial player with oil palm and rubber plantations in Nigeria, Ghana, and Cote d’Ivoire

A joint team of IMAP advisors based in Belgium and South Africa advised Fimave on the sale of SIAT, an agro-industrial group specializing in oil palm and rubber plantations, to Saroafrica International Limited, a diversified group offering agricultural and life care products.

SIAT, with significant operations in Nigeria, has built a strong reputation for its sustainable agricultural practices, managing large-scale plantations that produce oil palm and rubber.

Saroafrica International Limited, known for its extensive portfolio in the agricultural and life care sectors, has established itself as a leader in providing innovative products and services across Africa.