RJ Feeds Acquires Tanzania Based Gold'N Chicks Ltd
by Irfan Khan
RJ Feeds Private Ltd has acquired 100% stake in Tanzania based poultry firm - Gold'N Chicks Limited. Financial details of the acquisition were not disclosed.
This acquisition is the first cross border acquisition for the group and is seen as a first step towards foray into African market. The group expects to leverage its vast experience in poultry business to expand its foot print into other African countries like Ethiopia, Kenya etc.
Akasam Consulting was the sole advisor to the transaction.
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