Deal Snapshot
FARMCROWDY ACQUIRES AGRIBUSINESS BEST FOODS
Thursday 20 February 2020

Nigerian digital agriculture platform Farmcrowdy has acquired agribusiness meat processor Best Foods Ltd., to offer wider livestock production and processing solutions to the market, the company said.
Farmcrowdy now owns majority stakes in Best Foods, which provides wholesome livestock and locally grown agricultural produce at affordable prices. It is one of the largest meat processors in Nigeria with the capacity to process 120 - 200 bulls daily.


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Details
Date Published: 20/02/2020
Target: Best Foods Ltd
Country: Nigeria
Sector: Agriculture/Forestry
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Farmcrowdy
Comment:
Terms of the deal were not disclosed

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