Investments, Acquisitions and Funding

Led by the Ministry of Agriculture in partnership with GIZ-Mali, the 10-year strategy targets a production increase from 3 million tonnes to 5.5 million tonnes of paddy rice.

The transaction includes dry corn milling plants in Crete, Nebraska; Atchison, Kansas; and Danville, Illinois, as well as dry masa production sites in Muleshoe.

The company’s authorized capital will remain unchanged at US$7 million, while the issued capital will double, increasing the number of shares to 1,400,027,312, each with a nominal value of EGP 0.20 (US$0.004).

In a statement, Marilan emphasized that the deal reinforces its growth strategy.

The plant will increase daily wheat milling capacity from 200 tonnes to 300 tonnes and achieve a notable 90% capacity utilization.