A major milestone was the acquisition of a 60% stake in Graderco, a leading grain and cereal trading firm in Morocco.
Customers who may have purchased these products are requested to return them to where they were purchased for a full refund.
The project is set to commence in the coming months, with AXOR overseeing the engineering, manufacturing, and installation of the complete turn-key facility.
The decision to establish a presence in Zambia was driven by the country’s significant maize production and its central location within the region.
The financial terms of the deal, announced on March 20, weren’t disclosed.