Merensky Timber

Merensky Timber is a leading player in the timber value chain. Its plantations comprise Pine and Eucalyptus species that cover 69 000 ha across South Africa that adhere to local and international standards for environmentally-sustainable forestry management practices. Its processing capacity includes three Pine sawmills located in KwaZulu-Natal and the Eastern Cape and a Limpopo sawlog processor for its Eucalyptus.

Investment name: Merensky Timber

Shareholding: 3.3% (in Hans Merensky Holdings)

Rationale for the investment: A strategic investment in the infrastructure value chain