The acquisition of two maize milling companies by a consortium comprising DH Brothers Industries (Pty) Limited trading as Willowton Group (Willowton) and Louis Dreyfus Company Africa (Pty) Ltd (LDC Africa), was approved by the South African Competition Tribunal on 30 November 2017, overruling an earlier recommendation not to allow the merger to proceed. The merger looks to acquire Progress Milling and Noordfed. The mergers will alleviate the financial difficulties experienced by Progress Milling and Noordfed, which could have resulted in the loss of more than 400 jobs in the event of a closure. – Bizcommunity

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