Portugal’s Sumol+Compal group associates with Angolans to open factory in Angola

15 July 2013

Portugal’s Sumol+Compal group plans to build a factory in Angola to produce juices and non-alcoholic beverages with four Angolan partners, indicates a presidential decree published in Angola’s official gazette.

According to the decree, as cited by the Portuguese newspaper Diário Económico, the Portuguese group will control 99.99 percent of the share capital of Sumol+Compal Angola, with the rest “divided among four national shareholders who will each have one share.”

Diário Económico also reported that Sumol+Compal intends to invest 22 million euros in the Angolan unit. The aim is to “build and operate a factory to fill TetraPaks and cans with juices, nectars and other beverages, and to distribute and commercialise them in Cuanza Norte province.”

Last May the Portuguese group opened its first industrial unit abroad in Boane, Mozambique, where it invested about 8 million euros (US$10.4 million).

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

The Sumol+Compal group is Portugal’s third biggest beverage producer, after Unicer and Central de Cervejas, but was the first to expand to the African market. (macauhub)