Cameroonian Businessman Celestin Tawamba Acquires Grands Moulins Assets

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cameroonian businessman celestin tawamba acquires grands moulins assets

Cameroonian businessman Clestin Tawamba has taken a major step in expanding his reach across Central Africa after completing the purchase of Grands Moulins du Cameroun and Grands Moulins du Congo, two milling units previously owned by the SOMDIA Group. The companies, which hold long-established positions in flour and feed production, now fall under the umbrella of Cadyst Group, Tawambas fast-growing agri-food conglomerate.

Clestin Tawamba secures regional support for growth

The transaction gives Cadyst Group a broader base in flour processing, animal feed, and consumer food products, backed by five banks and additional support from lenders across the sub-region. The financing support reflects lenders confidence in Tawambas operational record and his ability to scale businesses in a sector considered vital to the regions stability.

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