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Your email address will not be published.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 *

71 + = 72
Powered by MathCaptcha

You May Also Like

Tinubu Restates Commitment To Building Robust Economy As Coca-Cola Announces $1bn Investment In Nigeria

We are building a financial system where you can invest, re-invest, and repatriate all your dividends

Why It’s Good News As MTN Nigeria & Pan-Atlantic University Launch Media Innovation Programme

“It’s a delight to partner with Pan-Atlantic University

This Is How Customers Will Benefit As Glovo Partners Shoprite

The partnership which was signed in May covers all Shoprite stores where Glovo is active

Video: Moment Elumelu Gifted Young Talent N1m Cash At Heirs Insurance Travel Festival

Video: Moment  Elumelu Gifted Young Talent N1m Cash At Heirs Insurance Travel…