BUA Foods Perfects Deal To Enhance Pasta Output By 400,000 Tonnes Annually

BUA Foods – a subsidiary of BUA Group with billionaire businessman Abdul Samad Rabiu as founder – has signed agreements with two Italian firms – FAVA and Martini – to deliver nine lines of long-cut pasta and packaging equipment.

The deal was perfected on Tuesday, September 24, 2024 by Mr Luigi Fava, the Chairman of FAVA; Ms Michela Martini, the Chairman of Martini and Abdul Samad Rabiu, the Chairman of BUA Group.

Information has it the latest expansion move will significantly boost BUA Foods’ annual pasta production by 400,000 tonnes, bringing its total production capacity to 900,000 metric tonnes annually.

Interestingly, the heart warning development follows an agreement the food production giant signed with Cukurova Silo (Turkiye) to enhance its grain storage capacity by 100,000 tonnes.

These investment moves further confirmed BUA’s commitment to serving its customers better as well enhancing food security, with resolve to maintain its position as market leader in the sector it operates.

Leave a Reply

Your email address will not be published. Required fields are marked *

30 − = 22
Powered by MathCaptcha

You May Also Like

Zenith Bank Empowers Nigerian SMEs, Partners Facebook On SME Digital Workshop

Nigeria’s leading financial institution, Zenith Bank Plc, has reaffirmed its commitment to…

ASR Africa partners USAID, Boosts Fight Against TB, HIV With $500,000 Donation

This will include the provision of 11 loop-mediated isothermal amplification diagnostic machines

Polaris Bank Rededicates To Customer Satisfaction As 2025 Customer Service Week Ends

Throughout the week, Polaris Bank celebrated its customers with giveaways, appreciation messages, and interactive engagements across its touchpoints

Union Bank Graduates 166 New Management Trainees

This program is targeted at building a team of multifaceted and extraordinary individuals