date:Aug 10, 2018
o Agran Nile Fruits.
At the end of last month, Agrana Fruit extended its presence in the African market by acquiring 49 percent of the shares in Elafruits SPA (Elafruits), formerly known as Frulact Algrie, an Algerian producer of fruit preparations.
Located in Akbou, Algeria, around 200km east of Algiers, Elafruits is a subsidiary of Groupe Batouche Eurl. The company has a workforce of around 100 employees generated revenues of approximately 7 million (US$8.198 million) in its 2017 financial y