Announced

Completed

Cadyst completed the acquisition of SGMP from Somdia.

Synopsis

Cadyst, a holding with assets in the food and pharmaceutical industries, completed the acquisition of SGMP, a flour milling operation in Congo, from Somdia, a company specializing in the production and marketing of sugar, wheat, and maize flour, animal feed and other related agro-industrial products. Financial terms were not disclosed. "Together, we will join forces to write a page of performance, innovation and responsibility, at the service of Africa and its agro-industrial destiny," Célestin Tawamba, Cadyst President.

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