Sector: 
FMCG
Country: 
Mozambique
Date of Investment: 
July 2018
Deal type: 
Expansion Capital

Merec Industries SA is the leading manufacturing company of wheat-based food products in Mozambique. The company started operations in wheat milling and later moved into production of wheat-based products to emerge as a diversified FMCG food manufacturer. Its five product lines comprise: wheat milling, maize milling, pasta, biscuits, and animal feed. In the wheat milling market, Merec has a market share of about 36% and the region’s largest milling capacity outside of South Africa.