The proposed deal would add PicardiRebel’s specialist liquor outlets to Shoprite’s expanding beverage retail network, subject to Tribunal approval and refurbishment conditions.
Avocados’ share of Rwanda’s total horticultural export revenues increased from 2.93% to over 10% during the same period.
The network is expected to serve 43 major cities, up from 23 today, and reach 87% of the population, compared with 51% today.
Etihad Rail and AD Ports Group said the system is designed to simplify customs procedures, reduce cargo handling, and accelerate the movement of goods across Abu Dhabi.
The acquisition will give Nexture its first manufacturing footprint in the Middle East and add chocolate products to its global portfolio of value-added food ingredients.