CNDB SA (Pty) Ltd

CNDB SA (PTY) LTD (“CNDB”) is a trader of agricultural commodities in South Africa. It is black female owned and operates from Johannesburg. The business is looking to expand into the agri/food manufacturing space where it can draw on its knowledge and relationships within the agri commodities space to further leverage. CNDB has identified a vegetable food manufacturer with a particular focus on the mass market to acquire. The Fast Moving Consumer Goods Insights Conference estimated in 2016 that the market in which this business (the target) operates is worth an estimated R10 billion. The target company is currently operational with a strong client base, is both profitable and cash generative. It also offers opportunity to be scalable over time with its basic operational model. All the necessary supplier agreements are in place. On its current performance, the business has a payback period of just under two years.