VKB

Name

VKB

Legal name

VKB Landbou (Pty) Ltd

Website

https://vkb.co.za

Company type

Private

Founded year

1919

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Agricultural Services

NAICS

Soybean and Other Oilseed Processing (311224), Food Manufacturing (311), Grain and Field Bean Merchant Wholesalers (424510), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

Agricultural Services (700), Food And Kindred Products (2000), Wholesale-Groceries, General Line (5141), Farm Machinery & Equipment (3523)

akta.pro primary industry

Starches, Flours & Milling Products Trading/Wholesale (AFAIAKAH)

akta.pro secondary industries

NPK/Compound & Blended Fertilizers (Granular Blends, Bulk Blending) (AFABABAD), Seed & Trait Distribution (Dealer Networks) (AFABAJAD), Livestock & Pasture Supply Retail (Feed Supplements, Animal Health Inputs) (AFABAJAJ)

Keywords

• Agricultural inputs supply
• Grain storage handling
• Animal feed manufacturing
• Agricultural financing services
• Flour maize milling

Headquarters

HQ city

Johannesburg

HQ country

South Africa

HQ region

Africa

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Agricultural Inputs and Retail: Sale of agricultural inputs including fertilizer, chemicals, seed, fuel, medication for livestock, animal feed, irrigation equipment, steel, fencing, building material, and general hardware through 58 retail outlets.
2. Agricultural Financing: VKB Landbou is an Authorised Credit Provider providing production loans, monthly invoices, financing for implements and whole goods, and contract growth financing to commercial and emerging farmers.
3. Grain Marketing and Silos: Grain marketing services including fixed-price contracts, floor price contracts, minimum/maximum contracts, deferred price contracts, and SAFEX futures exchange brokering. Also operates 21 silos with 1.1 million tons storage capacity.
4. Insurance Broking: VKB Brokers provides agricultural insurance, crop insurance (hail damage, multirisk), livestock insurance, personal insurance, and commercial insurance as an authorised Financial Services Supplier (FSP 46921).
5. Chicken Production and Processing: Grain Field Chickens operates a state-of-the-art poultry farm and abattoir producing fresh and healthy chicken products, integrated with feed supply from QPro Feeds.
6. Animal Feed Manufacturing: QPro Feeds produces approximately 23,000 tons of animal feed per month across two plants (Bethlehem: 8,000 tons/month, Vrede: 15,000 tons/month) including dairy, cattle, sheep, game, layer, and broiler feeds.
7. Soybean Processing: Free State Oil processes soybeans with capacity of 150,000 tons per year, producing soybean meal and oil for home mixers, stock feed producers, and feed companies within VKB Group.
8. Flour and Maize Milling: Farm Foods operates seven production plants nationwide producing flour (300,000 tons/year capacity), maize meal (425,000 tons/year capacity), pasta, noodles, and premixes under brands Magnifisan, Top White, and Super-Sure.
9. Fuel Sales: VKB Fuels operates fuel stations with convenience shops (VKB Express), delivering fuel to producers' farms in addition to retail fuel sales.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

VKB Group is a producer-owned agricultural enterprise that supplies agricultural inputs (fertilizer, seed, chemicals, fuel, machinery, irrigation equipment) through 58 retail outlets to commercial and emerging farmers. It provides agricultural financing as an NCRCP7984 authorized credit provider, insurance brokerage (FSP 46921), grain marketing with SAFEX brokering, and grain storage across 21 silos with 1.1 million tons capacity. The Group also manufactures and processes animal feed (QPro Feeds at 23,000 tons/month), soybean meal and oil (Free State Oil at 150,000 tons/year), flour and maize meal (Farm Foods at 300,000 and 425,000 tons/year), and chicken products (Grain Field Chickens), distributing through VKB Foods retail stores under Magnifisan, Top White and Super-Sure brands.

Product overview

VKB is an agricultural enterprise with a diversified portfolio spanning three main divisions: Agriculture (VKB Landbou), Grain Operations, and Agri Processors. The Agriculture division provides comprehensive services including financing, input trade, mechanization, irrigation, retail (58 outlets), and agricultural development for farmers. The Grain division handles marketing and storage (1.1 million tons capacity across 21 silos). Agri Processors includes milling (Farm Foods), chicken processing (Grain Field Chickens), animal feeds (QPro Feeds), and soybean crushing (Free State Oil). Subsidiaries include Crown Bag (packaging), VKB Foods (retail), VKB Fuels (fuel stations), Bethal Koelkamers (cold storage), Multi Green (fertilizer), Farmpack (packaging), AE Solutions (laboratory equipment), and VKB Brokers (insurance). The company also offers an online learning platform (Producers Online Academy) and software distribution (Simfini, Akkoord). The Group employs approximately 7,500 people across 29 entities, with regional brands VKB, NTK, and GWK operating across South Africa.

Differentiator

Problem solved

Functional benefit

Products and services

• VKB Agriculture
• VKB Financing
• Input Trade
• VKB Irrigation

Quantifiable outcome

• 3% of net profit after tax contributed annually to developing farmers, qualifying as Level 1 BEE contributor
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered strategic investment, key partnership for asparagus market access, technology partnership, training partner, merger in progress and regional brand partner.

• BKB Limitedstrategic investmentStrategic or Co-development Partner · 1 August 2019VKB Beleggings obtained a 21% shareholding in BKB Limited during August 2019, representing a strategic investment in the agricultural sector.
• Denmarkey partnership for asparagus market accessStrategic or Co-development Partner · 1 January 2011Partnership formed between asparagus-producing cooperatives and Denmar to access major retail groups (Pick n Pay, Checkers, Spar, Fruit&Veg) and export markets under the Denbi brand. Denmar's packaging and distribution network provided emerging farmers access to markets they could not reach independently.
• Software Farmtechnology partnershipTechnology or IntegrationVKB Management Bureau acts as dealer for Software Farm products including Simfini financial record-keeping and Akkoord HR management software, providing installation, support, and training services.
• AfriKloktechnology partnershipTechnology or IntegrationVKB Management Bureau acts as dealer for AfriKlok agricultural software products, providing installation, support, and training services.
• ITO Batho Peletraining partnerStrategic or Co-development PartnerLeading training institution for Agri-Seta accredited farm management programmes. Since 2008, VKB enrolled 236 developing farmers in these programmes.
• GWKmerger in progressStrategic or Co-development PartnerVKB and GWK are in merger process, representing regional agricultural consolidation. GWK represents Northern, Eastern and Western Cape regions.
• NTKregional brand partnerChannel Partner/ Reseller/ DistributorNTK operates as regional brand in Limpopo region and Mpumalanga (North of N4), distributing VKB agricultural products and services.

Scale indicators16 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• NWK Limited: North West-based agricultural cooperative offering grain storage, financing, retail, and processing services. Comparable to VKB's VKB Landbou division as a regional cooperative peer with similar ownership and service mix.
• GWK Limited: Northern, Eastern and Western Cape agricultural group that is the merger counterpart to VKB; operates grain handling, agri-inputs, milling, and food brands, making it the most directly comparable peer pre-merger close.
• Afgri Group Holdings: One of South Africa's largest agribusinesses, providing grain storage, milling, retail agri-inputs, financing, and equipment — directly comparable to VKB's integrated agricultural value chain across Free State and broader South Africa.
• Astral Foods: South African integrated poultry producer (broilers and feed) listed on the JSE. Direct comparable to VKB's Grain Field Chickens and QPro Feeds poultry value chain.
• Rainbow Chicken (RCL Foods): Major South African poultry processor and feed manufacturer within RCL Foods; comparable to VKB's vertically integrated chicken and animal feed operations.
• BKB Limited: South African agricultural group focused on wool, livestock, and agri-services, in which VKB Beleggings holds a 21% stake. Comparable as an integrated agricultural services peer with similar South African rural footprint.
• Suidwes Holdings: Free State/North West agricultural cooperative providing grain handling, financing, retail, and processing services. Closely comparable to VKB's operations in the Free State grain belt.
• Senwes: Major South African agricultural cooperative with grain handling, silo infrastructure, financing, and farm-input retail. Operates in overlapping grain-producing regions and is the closest cooperative model peer to VKB.

Broad incumbents

• Tiger Brands: Major JSE-listed South African food manufacturer with milling, baking, and grocery brands. Adjacent incumbent comparable to VKB's branded maize meal, flour, and consumer food products under Magnifisan, Top White, and Super-Sure.
• Tongaat Hulett: Large South African agribusiness with starch, sweetener, and oilseed processing operations. Broader incumbent comparable on the milling and starch/oilside processing side of VKB's Farm Foods and Free State Oil businesses.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/vkblandbou
• LinkedInlinkedin.com/company/vkb-landbou
• Instagraminstagram.com/vkblandbou/?hl=en

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about VKB