Libstar buys Cape Foods to access new markets
Consumer goods group acquires firm specialising in herbs, spices and seasoning blends
10 August 2022 - 15:16
Consumer goods group Libstar says it has finalised its acquisition of Cape Foods, which will give it access to new markets and value-added products in the dry condiments category.
Libstar, which produces Lancewood dairy products, Denny mushrooms and Goldcrest canned goods, said the purchase is part of its strategy to grow its basket of noncommoditised food products such as spices...
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