The organization estimates that as many as 266 million people worldwide face acute food insecurity, while WFP supports more than 100 million people across 83 countries.
This growth pushes year-end projections toward the 400,000-ton mark, according to ITALMOPA, the Italian Association of Industrial Millers.
The project is designed to expand the mill’s grain storage volume, improve lot segregation, and enhance blend preparation ahead of milling, thereby strengthening Molini Valente’s ability to produce consistent, high-quality flours for diverse bakery applications.
The planned deal will add seed cleaning, sorting and conditioning equipment to Ocrim’s product portfolio.
The transaction will see CVC Capital Partners IX acquire Irca, the global B2B manufacturer of speciality food ingredient solutions.