Afgri consolidates market share in yellow maize milling
22 Nov 2011 Agricultural services provider Afgri Limited has bought Pride Milling’s yellow maize milling business for R220 million, further consolidating its position in the country’s grain value chain.
Afgri CEO Chris Venter said the company has acquired three mills situated in Ermelo, Kinross and Bethal, which represented a 55% market share in South Africa’s yellow maize milling industry.
