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Euricom forms Pakistan rice venture

The Italy-based business will own 50% of the new venture. Dean Best Euricom, the Italy-headquartered rice supplier, has set up a new venture in Pakistan to bolster its basmati business. The company has formed Fatima Euricom with local business Fatima Rice Mills. Financial terms were not disclosed. The Fatima Euricom venture will own the “most […]

Italian Rice Mills Enters Pakistan to Boost Rice Exports, Foreign Investment

Web Desk ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50 percent shareholding in Fatima Euricom Rice Mills (Pvt) Ltd by Euricom S.P.A, a leading Italian agribusiness entity. According to a press release issued on Thursday, the acquisition, under the Share Purchase Agreement, demonstrates a major advancement in bringing direct […]