IFC Invests in Ca?atay Pet Food to Scale Turkiye's Pet Food Industry and Boost Job Creation
Turkey, Sept. 22 -- IFC today announced an equity investment in Ca?atay Evcil Hayvan Mamalar? ve Yem Urunleri San. ve Tic. A.?. (Ca?atay Pet Food), Turkiye's second-largest dry pet food producer, to help expand Ca?atay Pet Food's operations, strengthen its direct-to-consumer platform, and create jobs in the growing pet food sector and across the value chain.IFC's equity co-investment, alongside Turkey Growth Fund IV (advised by Turkven, leading private equity advisory firm in Turkiye) and the European Bank for Reconstruction and Development (EBRD), will enable a new state-of-the-art facility designed to triple the company's production capacity and increase competitiveness in the pet food sector.The investment is expected to increase Ca?atay...
To read the full article or to get the complete feed from this publication, please
Contact Us.