AFGRI strengthens focus on grain business through sale of poultry business and PIC provides funding for transaction
AFGRI, the leading agricultural solutions and industrial foods company, together with the Public Investment Corporation (“PIC”) today announced the sale of AFGRI Poultry, as well as AFGRI’s Kinross Animal Feeds Mill (“Kinross Mill”), to AFPO Consortium Proprietary Limited (“AFPO”), a Black Economic Empowerment consortium (“the BEE consortium”) led by Matome Maponya Investments (Proprietary) Limited (“MMI”). […]