Feb 7, 2025
Invictus Investment Acquires Mozambique’s Largest Flour Miller Merec Industries
Invictus Investment Company Plc (ADX: INVICTUS), a leading agro-food enterprise in the Middle East and Africa, today announced it has completed the acquisition of Merec Industries, Mozambique’s largest flour milling company. The deal was made through the purchase of Merec Industries’ holding entity, Stratton Africa Holdings Limited, Mauritius, from current shareholders Amethis Fund II and