Innscor’s US$160m capex bet pays off

0
45

INNSCOR Africa has significantly boosted volumes across its major business units in the just-concluded fiscal year to June 30, 2024, and is now beginning to realise the benefits of its US$160 million investment in capacity expansion over the last three years.

The Victoria Falls Stock Exchange (VFEX)-listed conglomerate, with operations spanning across light manufacturing, distribution and retail sectors, announced an ambitious US$160 million extensive capital expansion program in 2021 that was meant to augment its production capacities at all its subsidiaries.

LEAVE A REPLY

Please enter your comment!
Please enter your name here