SIAT Group consolidates its edible oil subsidiaries under Presco Plc
Leading agro-industrial group, SIAT Group (Societe d’Investissement pour l’Agriculture Tropicale NV), has announced the consolidation of its edible oil businesses in Nigeria and Ghana under Presco Plc., a fully-integrated agro-industrial company, in a strategic restructuring indicative of the company’s market expansion. With this decision, Ghanian company, Ghana Oil Palm Development Ltd (GOPDC), and SIAT Group’s Nigerian subsidiaries, Presco Plc and Siat Nigeria Limited (SNL) will now operate as independent entities under Presco Plc – while remaining member companies of SIAT Group. With a focus on sustainability, market advantage, and leadership, SIAT Group’s new business structure aims to drive the long-term...
