Forafric Global PLC, with its headquarters in Gibraltar, operates as a significant enterprise within the agricultural sector, focusing its activities across Morocco and Sub-Saharan Africa. The company's operations encompass the entire supply chain for agricultural commodities and their derivatives, including sourcing, warehousing, logistics, transformation, and distribution. Its product portfolio features essential items like flour and semolina, alongside manufactured goods such as pasta and couscous, marketed under its recognized Tria and MayMouna labels. Forafric primarily caters to wholesale food producers and distributors, also extending its market reach through exports to approximately 45 nations worldwide.
Forafric Global Completes Landmark Cap Holding Transaction, Positioning Forafric Maroc for Next Phase of Growth
Forafric Global completed a transaction transferring a 68% controlling interest in its subsidiary Forafric Maroc to Cap Holding SA, concluding a major restructuring program.
As part of the deal, Cap Holding subscribed to a $10 million capital increase and reduced Forafric Maroc's debt by approximately $28 million, while also providing funding for working capital.
Forafric Global continues to pursue the potential acquisition of Millcorp Geneva SA, a related-party entity that represented 25% of the company's total assets in fiscal 2025.