Tantalizers Plc Expands into Seafood Industry with DanBethel Marine Services Acquisition
Tech In Africa | Grace Ashiru - Dec 31, 2024
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  • Tantalizers signs MoU to acquire DanBethel Marine Services Limited.
  • N1 billion private equity investment secured by Tantalizers from Food Specialties and Banklink Africa.
  • Tantalizers aims to expand into the blue economy focusing on seafood industry.
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The acquisition of DanBethel Marine Services by Tantalizers represents a strategic move that not only enhances the company's portfolio but also positions it to capitalize on the growing demand for seafood in Nigeria. This bold step could lead to significant growth opportunities in the marine industry, particularly as consumer preferences shift towards healthier protein sources. The leadership's commitment to investing in fleet expansion further indicates a proactive approach to addressing market needs.
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