Caucasus AgroDevelopment (CAD) is a joint stock company established in 2008 to pursue agricultural investments in the South Caucasus region with the primary focus on Georgia. CAD’s main strategic objective is to become the leading agricultural holding in Georgia by capitalising on the country’s growing demand for high quality agricultural products. The company aims to maximise production efficiency through operating large scale, full production chain enterprises and applying modern farming techniques. CAD has identified the following sectors as key focus sectors for investment activity: dairy production, cattle-breeding, poultry production, fish breeding, greenhouses and agricultural storage facility development.

CAD has embarked on its first project in the dairy sector.  A shortage of natural raw milk and milk products on the Georgian market creates an attractive investment opportunity in the sector yet to be exploited. Following a thorough due diligence process, CAD picked a dairy farm near Senaki, West Georgia, to serve as its main base for the dairy business development in the country. The realisation of the dairy products produced at the farm will be mainly conducted on the domestic market.

CAD is managed by the largest asset management company in Georgia – Abbey Asset Management (former Galt and Taggart Asset Management). CAD looks to file for IPO on the Georgian stock exchange, after which it will become the sole investable vehicle in Georgia offering investors a direct exposure to the wider agricultural sector in the country.