AgriNurture, Inc. completed acquiistion of Plentex Limited
January 07, 2020
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AgriNurture, Inc. (PSE:ANI) agreed to acquire Plentex Limited for approximately PHP 110 million on December 20, 2019. Under the terms of transaction, AgriNurture will issue its 30 million shares to Plentex. The transaction is intended to fund the acquisition of shares in Plentex Limited. Board of AgriNurture, Inc approved the transaction. The transaction shall be closed upon the execution of the subscription agreements.
AgriNurture, Inc. (PSE:ANI) completed acquiistion of Plentex Limited on January 8, 2020
AgriNurture, Inc. is engaged in importing; trading, and fabricating of post-harvest agricultural machineries intended to manage the productivity, as well as the income of Filipino farmers. It is involved in corporate farming, in all its branches for planting, growing, cultivating, and producing of crops. It operates in four segments: Exports, Distribution, Retail, and Foreign Trading. The Export segment is in charge of looking for markets abroad as well as sourcing the produce possible to satisfy its growing number of clients abroad. Its main export products are fresh banana, fresh mango, and coco-water. The Distribution segment is responsible for the local sales and distribution of various produce that the Company offers to a number of supermarkets around Luzon. The Retail segment is responsible for the management and operation of the Groupâs retail businesses. The Foreign Trading segment is charge of the international distribution operations of the Group in China.
AGRINURTURE, INC. 
