Invictus Investment Strengthens Market Grip with Acquisition of Graderco

Invictus Investment Company Plc (ADX: INVICTUS), a prominent player in the Middle East, African, and Asian agro-food industry, announced the successful acquisition of a 60% stake in Graderco and its subsidiaries. The deal, finalized after securing all necessary regulatory and corporate approvals, sees Invictus acquiring ownership from Zalar Holding.

Graderco, a leader in Morocco's grain and cereal trading sector, boasts a strong revenue stream, exceeding AED 1.5 billion in 2023. This strategic move by Invictus is expected to significantly bolster their market position and influence within the region's vital agricultural trade landscape.

The acquisition presents a win-win scenario for both parties. Invictus Investment will equip Graderco with access to their expansive global network, established trading expertise, and robust risk management capabilities. This will empower Graderco to accelerate its growth trajectory and expand its business operations.

Graderco is poised to leverage Invictus' vast network to broaden its product offerings and solidify its supply chain. Additionally, Invictus' financial resources will provide the necessary fuel for Graderco to scale its operations and establish a stronger foothold in the market.

This collaborative effort will see the two companies working hand-in-hand to not only solidify Graderco's position within Morocco's market, but to unlock strategic value for stakeholders across the region. The combined expertise and resources hold the potential to significantly impact the broader agricultural trade landscape.

Financial details of the acquisition have not been disclosed. However, industry analysts anticipate the deal to have a significant positive impact on Invictus' consolidated revenue, with projections suggesting a growth of approximately 20% for the remaining nine months of 2024.

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