Day

August 17, 2018
17
Aug

Amethis acquires a minority stake in the Merec Industries, leader in the production and distribution of wheat and maize based products in Mozambique.

Amethis Fund II, alongside its partners Kibo Fund II and Proparco are pleased to announce their partnership with Merec Industries of Mozambique. The transaction marks the acquisition of a minority equity stake into an established fully integrated wheat miller with a promising strategy to reinforce its dominant position in Mozambique and expand in the region....
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