Tantalizers set to Acquire Nigeria’s Largest Indigenous Fisheries Group
Kayode Tokede
Tantalizers Plc has reached a preliminary agreement to acquire Nigeria’s largest indigenous fisheries group in a major move that deepens the emerging foodtainment conglomerate’s diversification into Nigeria’s blue economy.
The board of Tantalizers at the weekend completed a Memorandum of Understanding (MoU) with Karflex Fisheries Limited and Karflex Investment Limited to acquire the assets of the two companies and integrate these significant fishing assets into Tantalizers Fisheries Limited.
Under the agreement, the assets under consideration included 24 fish trawlers and shrimpers, 13 cold room facilities and related commercial fisheries infrastructure.
