The acquisition solidifies Mennel’s standing as a leading flour producer in the US and strengthens its ability to meet growing customer demand across the region.
The two mills have combined daily milling capacity of 12,800 cwts, including 7,000 cwts at the Omaha North mill and 5,800 cwts at the York, Pennsylvania, US, mill.
Fourth Milling Co. said this growth was primarily driven by a 16.6% increase in flour sales volumes, which offset a decline in feed and bran revenues.
South Africa’s Minister of Agriculture John Steenhuisen welcomed the lifting of the ban, saying that the move marked a return to sound economic principles in the Southern African region.
With domestic needs fully met, Zimbabwe is now seeking export opportunities within the region, particularly in neighboring countries.