Gulu Agricultural Development Company
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Gulu Agricultural Development Company - overview
Established
2009
Location
Gulu, -, Uganda
Primary Industry
Agribusiness
About
Gulu Agricultural Development Company focuses on producing and processing organic agricultural products, enhancing the livelihoods of local farmers in northern Uganda while promoting sustainable farming practices. Gulu Agricultural Development Company (GADC) was founded in 2009 in Gulu, Uganda. The company specializes in organic agricultural products, engaging directly with over 120,000 farmers annually to improve agricultural practices. GADC has raised a total of USD 5.
00 mn through one funding round, with the latest being a GROWTH round led by AgDevCo in August 2016. The founder's history is not publicly available. Gulu Agricultural Development Company (GADC) specializes in the production and processing of organic agricultural products, including sesame, cotton, chili, maize, and seed oils. These products are designed to provide market access to smallholder farmers in northern Uganda, enhancing their livelihoods and economic resilience.
GADC's operations extend beyond mere production, as they actively engage with over 120,000 farmers annually to improve farming practices, agronomic knowledge, and financial literacy through extensive training programs. The company focuses on both domestic and international markets, exporting high-quality organic produce to buyers in the Far East and Europe, thereby addressing the growing demand for organic agricultural products while supporting sustainable farming practices. GADC's revenue model is built on a structure that facilitates direct transactions between the company and its clients, including smallholder farmers and international buyers. The company purchases agricultural commodities directly from trained farmers through pre-financing agreements, which allow farmers to cultivate and supply organic crops, subsequently selling them to GADC for processing and export.
The pricing structure for products is influenced by market demand and quality certifications, with farmers able to secure premium prices for organic produce. GADC's revenue is generated through the sale of processed goods, with a focus on maintaining high standards of quality and innovation in their processing facilities, further solidifying their position in both national and international markets. Gulu Agricultural Development Company (GADC) plans to broaden its product range by introducing new organic crops designed for export, with potential launches scheduled for 2024. The company aims to expand its market reach into new regions, including additional countries in Europe and Asia by 2025.
The recent investment of USD 5. 00 mn from AgDevCo in August 2016 will be utilized to support these initiatives, enhancing production capabilities and developing new processing facilities to accommodate increased capacity.
Current Investors
AgDevCo
Primary Industry
Agribusiness
Sub Industries
Farm Support Services, Crop Production
Website
www.gadc.co.ug
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Gulu Agricultural Development Company - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Gulu Agricultural Development Company | - |
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