Stirling Square-backed SAS Group acquires Afrikelp
Afrikelp, a South African maker of kelp-based crop biostimulants, has been acquired by Sustainable Agro Solutions, backed by Stirling Square Capital Partners.
Sustainable Agro Solutions (SAS Group), backed by Stirling Square Capital Partners, has acquired Afrikelp, a South African agricultural biosolutions company.
Afrikelp makes premium seaweed-based biostimulants from Ecklonia maxima kelp harvested off the South African coast. The company says the acquisition adds its capabilities and international customer base to SAS Group's platform, giving it access to more technologies and markets.
During RMB Ventures' investment, the firm worked with management and the board on growth strategy, leadership, governance and international commercial reach.
Deal facts
- Target
- Afrikelp
- Business
- South African developer of seaweed-based biostimulants made from Ecklonia maxima kelp, used by farmers in more than 55 countries
- Acquirer
- Sustainable Agro Solutions
- Backed by
- Stirling Square Capital Partners
- Seller
- RMB Ventures
- Deal type
- Add-on
- Status
- Completed
- Announced
- Monday, October 19, 2026
Sources
- Business DayNov 2, 2026
- pehub.comOct 19, 2026
Written by Buyout Desk from the sources above. Spotted an error? Email corrections@buyoutdesk.com.