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.
These acquisitions are expected to increase Presco’s total plantation size by 37%, expanding its footprint from approximately 43,547 hectares to 59,760 hectares.
This financial boost comes at a crucial time as ofi continues to expand its footprint in the milling and baking sectors.
The move strengthens Cadyst Group’s presence in Cameroon and Congo, expanding footprint in Central Africa.