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Century Pacific Food boosts coconut processing capacity with Coco Harvest acquisition - BusinessWorld Online

Summary by bworldonline.com
LISTED Century Pacific Food, Inc. (CNPF) is acquiring 100% interest in Coco Harvest, Inc. as part of its ongoing expansion of its coconut processing capacity. The acquisition and investments in facility improvements total about $40 million, CNPF said in a regulatory filing on Thursday. According to the CNPF, acquisition and facility improvements will be financed through internally generated cash flows. Coco Harvest owns a coconut processing faci…

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