Rafhan Maize eyes silo acquisition in Deepalpur

MG News | December 20, 2024 at 09:46 AM GMT+05:00

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December 20, 2024 (MLN): Rafhan Maize Products Co. Limited (PSX: RMPL) has agreed to initiate negotiations and conduct due diligence for the acquisition of a silo-based storage facility in Deepalpur, the company's filing on PSX revealed today.

The company aims to enhance the efficiency of its supply chain through this acquisition, ensuring better management of raw material storage and improved service delivery to customers.

The proposed storage facility aims to streamline Rafhan Maize's supply chain, ensuring better efficiency in managing raw material supplies and improving service delivery to its customers.

The company stated that it would keep the exchange and stakeholders informed about any further developments regarding the acquisition process.

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