Marginpar Group

The joint Agri-Vie and Norfund investment in the newly formed floriculture platform in East Africa, now known as the Marginpar Group, was concluded in January 2018. The Group consolidated the floriculture businesses of Marginpar BV in the Netherlands (an experienced European flower distribution company), the Marginpar Farms in Ethiopia, Kariki Limited, a Kenyan summer flower producer, and Carzan Flowers in Kenya. The Kenyan cut flower industry is sophisticated and now one of the world’s leading suppliers of cut flowers with a reported 35% market share in the European Union. Ethiopia is positioned as the second-largest flower exporter in Africa after Kenya, with over 100 grower companies on 1,700 hectares.