Chatha Foods Ltd. Announces Joint Venture with Frigorifico Allana Pvt. Ltd. for Meat and Chicken Products

Chatha Foods Limited (CFL) has announced a new joint venture with Frigorifico Allana Private Limited (FAPL) in a press release today. The agreement, aimed at managing and operating the JV Company in a professional and efficient manner, will focus on the production, processing, and distribution of ready-to-cook and ready-to-eat chicken and meat products, both domestically and internationally. CFL, known for its specialization in RTC and RTE poultry products, will join forces with FAPL, who specializes in processing and export of frozen and chilled meat. The JV Company's main objective will be to manufacture and process RTC/RTE meat and chicken products, as well as provide storage, freezing, distribution, and transportation services. The initial investment by the parties will allow the JV Company to produce 6000 MT and 4500 MT of RTC/RTE meat and chicken products respectively per year. This joint venture is expected to bring new growth opportunities for both companies in the food industry.

Chatha Foods Ltd is engaged in the processing and distribution of a variety of food products, primarily focusing on quality and local sourcing.

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