Portuguese group Sumol+Compal opens factory in Mozambique

23 May 2013

Portuguese drinks group Sumol+Compal Wednesday in Boane, on the outskirts of Maputo, Mozambique, inaugurated its first foreign industrial unit in which it has invested around 8 million euros (US$10.4 million), the group said in a statement.

According to the statement, the choice of Mozambique to kick start its industrial business in Africa was due to the country having the conditions needed for a foreign investor as well as because of its geo-strategic position in Southern Africa.

The Boane factory, on the outskirts of Maputo, has an installed capacity of 30 million litres per year, to serve a potential market of 170 million people.

The Sumol+Compal group is the third largest drinks manufacturer in Portugal, after Unicer and Central de Cervejas, but is the first to have expanded into the African market. (macauhub)