Funguo Investments buys 51% of FeastFoods for $10m

Funguo Investments has acquired 51% of Feastfoods Processors Ltd (“FeastFoods”) for $10 million. FeastFoods is a producer of mango, pineapple and passion fruit concentrate from locally grown fruits which are mainly sourced from the Kwale County in Kenya. The deal still awaits regulatory approval before it is concluded. Funguo Investments is a well-known investment holding company based in Nairobi, Kenya.

 

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