Hail & Cotton International Group (HCIG) and Zimbabwean leaf supplier, Boostafrica Traders (Pvt) Ltd (BA) are pleased to announce that they have signed a Memorandum of Understanding in which HCIG will acquire a fifty percent equity stake in BA. The transaction is expected to close by April 2019.
”We believe this investment creates synergies for both companies. The combination will allow us to continue to grow, and provide added value, service and quality to our combined client base,” said Andre Spies, HCIG’s President of International Operations.
Please contact one of the below parties with any questions.
President International Division
Hail & Cotton International BV
Tel: +31 653 129 641
Boostafrica Traders (Pvt) Ltd
Tel: +263 772202597