Friday, November 28 marked a milestone in Selecta One's recent history: the signing of a €16.5 million loan from DEG to refinance the acquisition of its Wagagai Farm in Uganda. This is a step that helps secure more than 2,000 jobs, protects long-standing social programs, and reinforces a partnership built over decades. Selecta One's CEO Per Ansgar Klemm shared the news on LinkedIn.
The ceremony was far from typical. Instead of opening with formalities, the team opened with soil, plants and a trowel.
© Selecta One
The annual management meeting in Cologne brought together colleagues from eight nations. Early in the morning, each participant found a jar and a planting trowel in their room. In the meeting space, soil from all international locations was waiting, from Africa to Asia, from Europe to Latin America.
Before the DEG delegation arrived, the group mixed these soils and planted a pot carnation as RCS 2.0, a simple physical reminder of their purpose: a love of growing, and a sense of how deeply the company is rooted in history, diversity and responsibility.
© Selecta One
When DEG Managing Director Monika Beck and her colleagues joined them, the group did not switch into signing mode. They invited the delegation in. They planted together, filling the jar with soil and planting the RCS 2.0 as a symbol of the essence of this partnership: trust, continuity and shared commitment.
© Selecta One
Only afterwards did they sit down and sign the contracts. It is the largest loan the company has ever taken and another step in a relationship that began in 2014.
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