Verdant Capital Advised Leading UK Private Equity Firm on Sale of Biyinzika Poultry International Limited

The transaction reinforces Verdant Capital’s position as a leading advisor to private equity clients in Africa.

Verdant Capital has advised a leading UK private equity firm on the sale of Biyinzika Poultry International Limited (“BPIL”), a vertically integrated poultry business in Uganda, to an investor consortium including a US single-family office and a regional industry executive. The sale represented a 100% interest in BPIL. 

BPIL was founded in 1990 as a poultry breeder farm and has grown steadily over the years to establish itself as a key player in the Ugandan poultry industry. It is a leading supplier of day-old chicks, poultry feeds, broilers, and branded and unbranded dressed chicken.  It trades under brand names, including Pearl Chicken and Biyinzika Feeds. 

The transaction reinforces Verdant Capital’s position as a leading advisor to private equity clients in Africa and builds on its market-leading sector competence in advising on transactions in the food and agri-business sector.  In 2023 alone, Verdant Capital has completed three transactions in the food and agri-business sector.  The transaction builds on Verdant Capital’s leading pan-African M&A league table positions in recent years, including in 2022, its rankings of fourth and first in the DealMakers pan-African and East African league tables, respectively.

Terms for the transaction were not disclosed.

November 30, 2023