The planned deal will add seed cleaning, sorting and conditioning equipment to Ocrim’s product portfolio.
The agreement brings together GMA’s local milling presence and SNBI’s international milling and baking expertise to create a structured training platform for Angolan bakers for the first time.
Manteigaria also signalled ambitious local growth plans, aiming to open six locations in Hong Kong by the end of 2027, with InvestHK providing market support and supplier introductions to facilitate the rollout.
June witnessed an extraordinary wave of consolidation, multi-billion-dollar mergers, and massive capital expenditures across both the supply-side ingredients sector and industrial baking manufacturing.
The agreement will increase soybean oil shipments from China to India while opening the Chinese market to more Indian mustard and soybean meal exports.