This local production is expected to reduce import dependency, accelerate supply response times, and foster job creation in Lagos and surrounding areas.
The acquisition reinforces Tiffin’s commitment to sustainable development and community investment in northern England.
CPW confirmed that Ecco Group is “considering the acquisition” of the facilities, with employees at both sites already informed of the discussions.
Ezdehar’s investment will support Kemet’s next phase of expansion, including capacity upgrades, product innovation, and entry into new export markets.
The acquisition aligns with Bunge’s strategy to deepen its presence in the food, feed, and biofuel sectors.