Alapala, one of the leading brands in flour milling equipment and mill projects, has partnered with Forafric Maroc, a fully-owned subsidiary of Forafric Global PLC, to increase its wheat and durum processing capacity through the expansion and creation of new mills.
Forafric is an industrial group specialized in milling
industry with a complete range of flour and semolina, and secondary processing
products such as pasta and couscous and partners with Alapala for their new
project to increase wheat processing capacity.
The two partners have agreed on expanding three of its existing
mills in Morocco as well as building three new mills at a total cost estimated
at MAD 1 billion (US$99.5 million).
The investment, according to Morocco World News, includes
the purchasing of equipment, and the recruitment of human capital.
“We are pleased to have the opportunity to work with
Forafric Maroc on its program to enter a new market and significantly increase
its production output… to further develop the milling industry in Morocco,”
said Gorkem Alapala, Vice Chairman of the Board of Alapala Group.
The expansion of the Forafic operations in the North African
country is forecasted to increase the company’s daily wheat and durum
processing capacity to 2,370 metric tonnes over the next 30 months, up from the
current daily capacity of 420 metric tonnes.
Commenting on the partnership, Mustapha Jamal Eddine,
Forafric Maroc CEO, said his company has improved its processes, lowered its
costs, and increased market penetration throughout the past four years.
“Teaming with Alapala will enable us to significantly increase output and take our business to the next level as well as help us to further lower our cost basis and provides an entry into the dynamic Moroccan market,” he added.
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