One Thousand & One Voices™ Announces Letter of Intent for Agribusiness Investment in Beefmaster

JOHANNESBURG–(BUSINESS WIRE/ME NewsWire)– One Thousand & One Voices™ (1K1V™), a private family capital fund focused on Sub-Saharan Africa, today announced that it has entered into a non-binding letter of intent with respect to a minority investment in the agribusiness sector. One Thousand & One Voices invests the Intellectual Capital, Relational Capital and Financial Capital—or Three-Dimensional Capital™—of industry-leading family offices in every transaction. The investee company, Beefmaster Holdings Limited, is a vertically integrated South African producer and distributor of beef related products that was founded by Mr. Laurie van Reenen. The Van Reenen family traces its South African roots to 1722 when they supplied beef and other agricultural products to ships at the Cape of Good Hope.

The investment, which is subject to customary closing conditions, will be One Thousand & One Voices’ second in the agribusiness processing and distribution sector in a matter of months. The investment will help Beefmaster expand its capacity and market share in the rapidly growing meat protein market. As a consequence of 1K1V’s investment, Beefmaster expects to significantly increase both its direct and indirect employment.

According to the United Nations Food and Agriculture Organization, global food production must increase by 70% before 2050 in order to meet increasing demand. The South African Bureau for Food and Agricultural Policy projects beef prices will increase at an annual nominal growth rate of 6% through 2022. These factors, coupled with the growth in global population and growing affluence amongst emerging market consumers, are leading to a greater preference for proteins and an increased demand in beef.

Beefmaster is headquartered in the North West Province of South Africa in the heart of South Africa’s cattle country and with easy access to a regular water supply from the Vaal River. Beefmaster is a vertically integrated producer and distributor of beef related products, serving markets around the globe. Beefmaster’s operations include a leading abattoir, feedlots, logistics operations and multiple Beefmaster-branded retail outlets.

Louw van Reenen, Chief Executive Officer of Beefmaster and an executive with over 20 years’ experience in the beef processing industry noted: “Beefmaster has an established history of growth and success in the South African and global beef markets. An investment from One Thousand & One Voices would provide an exceptional opportunity for us to leverage not only 1K1V’s financial support, but also the unique expertise and relationships of industry-leading family offices from around the globe to accelerate our success and service our customers, suppliers and partners even better.”

Hendrik Jordaan, President and Chief Executive Office of One Thousand & One Voices said, “Beefmaster’s experienced management team, value-added vertical integration, trusted brand and opportunities for even greater growth makes it an attractive investment opportunity for One Thousand & One Voices. Our model of leveraging the Three-Dimensional Capital of leading family offices will contribute to value creation for Beefmaster, itself a family-held business, especially as demand of protein sources grows.”

About One Thousand & One Voices™

One Thousand & One Voices™ is a private family capital fund investing in Sub-Saharan Africa. The fund is designed to enhance the best of what private equity investment has to offer with the Intellectual Capital, Relational Capital and Financial Capital—or Three-Dimensional Capital™—of industry-leading family offices. For more information, please visit
About Beefmaster
Beefmaster Holdings Limited is a privately owned vertically integrated processor of beef related products located in the Northern Cape Province in South Africa. For more information, please visit
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*source: ME NewsWire
The release can be read online:

One Thousand & One Voices
Kate Matheny, +1-720-407-8220

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