The strategic push supports the consumer goods company’s overarching ambition to transform McVitie’s into a £1 billion global brand by diversifying its portfolio beyond traditional biscuits in high-growth international markets.
The investment underlines Agrofert’s commitment to strengthening its German food-production operations while upgrading infrastructure at one of its key industrial locations.
The merger comes as demand for gluten-free and free-from foods continues to create opportunities for specialized food manufacturers.
A central component of the project is a soybean crushing unit with a processing capacity of 300 tonnes per day.
The framework is designed to provide immediate financial and policy support to countries facing heightened vulnerabilities while strengthening their capacity to withstand future external shocks.