The company, incorporated in Mauritius with HQ in Malawi, is a manufacturer and distributor of fertilizer and trader of agricultural commodities across Malawi, Mozambique, Zambia and Zimbabwe.
Owned by a Saudi Arabia Mining Company (85%) and Tigerfishes Investment (15%)
Has a total of 20 subsidiaries with shareholding of about 100% in each across Malawi, Mozambique, Zimbabwe and Zambia
Products include fertilizer, agricultural implements, FMCG products and building materials.
Strong management team, includes founding company members, with industry expertise and unique understanding of Meridian’s markets.
Operates c.110 retail stores across Malawi
Fertilizer
Supplies small-scale farmer purchasing fertilizer from a rural retail depot, through to commercial farming enterprises, NGOs and Government growing schemes.
Facilitates the distribution of over 600,000 tons of fertilizer throughout Southern Africa.
Main product is fertilizer (Superfertbrand). Other products include agricultural implements, FMCG products and building materials
Sells products through third party retailers in Zimbabwe, Mozambique and Zambia
Raw materials are sourced from global producers and imported into the ports of Nacalaand Beira
Exceptional in-country logistics and route-to-market managed by Meridian
Other business operations include:
Agricultural commodities: trades soya beans, maize, wheat and ground nuts in Malawi, Mozambique and Zimbabwe. Provides technical advice to small scale farmers. Owned infrastructure includes commodities storage volume –12,000mti & milling capacity –30MT of flour per day.
Annual trading volumes –70,000 tonnes
Salt production: 1,000-hectare salt farm located on the rail line near the port of Nacala, which supplies refined, iodised salt to Malawi and Mozambique
Key Customers
Commercial (Illovo, Universal Tobacco, Tongaat, JTI, Alliance One)
Retail to smallholders through retail outlets and wholesale partners
Government Programs (Zimbabwe, Malawi, Zambia)
NGO’s
Investment required: for procurement of raw material, logistics , value addition through fertilizer blending
Trade financing facility between c.US$50 –US$70m