London agriculture firm set to further expand internationally

An agriculture company is set to expand internationally following its relocation to London last year.

When I-Feeder Technologies relocated to the UK in 2020, it became part of YB AgTech - a collection of precision agriculture and tech companies sitting within private equity firm Yellow Brick Capital’s portfolio.

The firm, founded in South Africa 40 years ago, has also transitioned from a hardware company to now offer automated fertigation, chemigation, software and associated technologies.

I-Feeder’s next area of focus is Eastern Europe which is the firm describes as an “already a critical role player in the agricultural field.”

The company has already expanded to America and Brazil. It has also assigned exclusivity to a global player to support the products in Australia, as well as signing dealerships in New Zealand, Uganda, Zambia and Tanzania.

The precision farming market is valued at £5.1b in 2020 and is projected to reach £9.32b by 2025 at a Compound Annual Growth Rate (CAGR) of 12.7 per cent between 2020 and 2025.

Johan van Zyl, CEO at I-Feeder Technologies commented: “The relocation of I-Feeder Technologies to the UK one year ago signified an exciting change for the business. Using the UK as our headquarters has provided us with the scope to upscale our offering through growth and investment.

“We are now looking forward to making the UK a hub of agricultural development through technology and research whilst we expand the I-Feeder Technologies offering globally.

“Our focus now is the manufacturing of our technologies in the UK and scaling up the capability to increase production in our other sites. The capability to roll-out hardware local to the market, especially in this uncertain and volatile time in terms of logistic costs and time frames, makes it an obvious decision.”