Announced
Completed
Financials
Tags
meat processing
Acquisition
Friendly
Completed
Majority
Single Bidder
Nigeria
Food Products
Private
Synopsis
Farmcrowdy, Nigeria's first digital agriculture platform, completed the acquisition of Best Foods L&P, one of the largest meat processors in Lagos, Nigeria. Financial terms were not disclosed. "Best Foods offers an exciting opportunity for Farmcrowdy to strengthen and expand its service offering in livestock production, processing, and supply. With a range of high profile clients, the acquisition supports Farmcrowdy’s strategy to lead the market and meet the requirements necessary to process approximately 45 cattle every day for meat consumption in Lagos," Kenneth Obiajulu, Farmcrowdy Managing Director.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.