1K Africa Closes Investment In Beefmaster

Investment by Sub-Saharan Africa-focused private family capital fund in leading trout producer and processor headquartered in Lesotho and serving the South African and Japanese market

DENVER, Colorado, USA (January 5, 2016) – 1K Africa, a private family capital fund focused on Sub-Saharan Africa, today announced that it closed a minority investment in Beefmaster Holdings, a vertically integrated South African producer and distributor of beef related products, serving markets around the globe. The investment, which closed in late December 2015, is 1K Africa’s second in the agribusiness processing and distribution sector.

Beefmaster is headquartered in the North West Province of South Africa in the heart of South Africa’s cattle country and with easy access to a regular water supply from the Vaal River. Beefmaster’s operations include a leading abattoir, feedlots, logistics operations and multiple Beefmaster-branded retail outlets.

About 1K Africa

1K Africa invests the Intellectual Capital, Relational Capital and Financial Capital of industry-leading family offices. 1K Africa TM primarily focuses on the agribusiness, consumer/retail, logistics/distribution and manufacturing industries in Sub-Saharan Africa. For more information, please visit www.1kafrica.net.

About Beefmaster

Beefmaster Holdings Limited is a privately owned vertically integrated processor of beef related products located in the Northern Cape Province in South Africa. For more information, please visit www.Beefmaster.co.za.