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Philafrica Foods acquires majority shareholding in Sunshine Bakery - Philafrica Foods
Philafrica Foods has taken up a majority shareholding in Sunshine Bakery effective 1 April 2019. Sunshine Bakery is a branded regional player with the potential to expand nationally. Sunshine Bakery currently manufactures and distributes bread under the Sunshine Brand from its Pietermaritzburg as well as its Durban based bakeries. This acquisition forms part of Philafrica …