US investment fund buys 2,700 ha of organic farmland in Romania

Newsroom 12/02/2016 | 18:08

Southern Harvest, a subsidiary of Anholt Investments, has added a total of 2,700 ha of land to its Romanian portfolio via two separate acquisitions, company representatives announce.

The two plots increase the company’s footprint locally by some 45 percent. According to Southern Harvest, a large part of the land is currently being farmed under an organic system and the company aims to keep the system active.

“We are very pleased to be able to continue our long term development in Romania in such a significant way. It is a testament to our confidence in the ability of our management team on the ground to continue to identify, acquire, integrate, and improve new tracts, as well as our confidence in our large team of local employees who continue to rise to the challenge of creating a world class farming operation in Romania,” Anholt partner Rudolph Krediet said.

Anholt Services is an indirect subsidiary of the Kattegat Trust, a family office based philanthropic foundation. Anholt evaluates and manages Kattegat’s interests globally across a wide range of asset classes, including hard assets, fund partnership interests and control and minority stakes in private and public companies.

Natalia Martian

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