Baking & Snacks – INVESTMENTS, FUNDING & M&A

The investment will significantly enhance the manufacturing capabilities and capacity of the Brantford facility.

This center, along with a wide network of dealers, will allow Ülker to deliver its products to thousands of consumers across 12 different cities in the country.

This drop is attributed to factors such as food inflation and moderated urban consumption.

The project was initially projected to be completed by 2024 in three phases at a cost of MAD 350 million (about US$35.5M).

JM Posner MD Tim Hills noted that while the company engaged with several interested parties, Ingå Group distinguished itself through its shared culture, approach, and vision.