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Remgro invests in frozen fruit
Dynamic Commodities, a leading South African specialist producer and exporter of a range of frozen fruit-based delicacies is set to expand at infrastructural and strategic levels after partnering with Remgro Limited.
Mon, 05 Sep 2016 15:01:56 GMT
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AI Generated Summary
- Dynamic Commodities partners with Remgro Limited's Invenfin to expand its presence in the international market
- The company focuses on producing unique frozen fruit-based delicacies that are challenging to replicate
- Invenfin's support in research and innovation will help Dynamic Commodities explore new markets and opportunities
Dynamic Commodities, a leading South African specialist producer and exporter of a range of frozen fruit-based delicacies, is on the brink of expansion following a strategic partnership with Remgro Limited's Growth Capital Division Invenfin. The company, which prides itself on producing unique products that are hard to replicate, has caught the eye of Remgro Limited, leading to a collaboration that aims to propel Dynamic Commodities onto the international stage. Ammani Maritz, the Managing Director of Dynamic Commodities, shed light on the partnership in a recent interview with CNBC Africa. Quoting the company's founder, Maritz emphasized that Dynamic Commodities is a '20-year-old overnight success story,' highlighting the company's journey to prominence. By focusing on producing challenging and low-density products in high volumes, the company has carved out a niche for itself in the frozen fruit market. The recent transaction, which involves exporting frozen fruit to the USA, Canada, South Korea, and Australia, is expected to open up new opportunities for Dynamic Commodities in the international market. Invenfin's role in the partnership is crucial, as they offer support in research, innovation, and the development of new products, allowing Dynamic Commodities to broaden its market reach and explore specialized sectors. By teaming up with Invenfin, Dynamic Commodities gains a valuable ally with expertise and resources that will propel the company towards further growth and success. The partnership signifies a significant milestone for the South African company, as it marks a new chapter in its journey towards global expansion. With Invenfin's backing, Dynamic Commodities is well-positioned to strengthen its presence in the international market and continue its legacy of producing exceptional frozen fruit-based delicacies. The collaboration between Dynamic Commodities and Remgro Limited showcases the potential for South African businesses to thrive on a global scale, highlighting the country's innovative capabilities and entrepreneurial spirit. As Dynamic Commodities embarks on this new chapter, the company is poised to make a mark in the frozen fruit industry and make South Africa proud on the international stage.