Feronia

Feronia is an agribusiness operating in the Democratic Republic of the Congo (DRC). At the heart of Feronia lies a long established palm oil business, Plantations et Huileries du Congo S.A (“PHC”), a company incorporated under the laws of the DRC, which has three remotely located plantations; Lokutu, Yaligimba and Boteka When Feronia acquired 76.17% of the shares of PHC from subsidiaries of Unilever plc on September 3, 2009, the three plantations had suffered from years of under-investment and considerable disruption caused by conflict in... Read more