Forafric Global enters restructuring asset sale, agrees to sell Forafric Portugal for US$1.4 million
AFRI•Forafric Global agrees to sell Forafric Portugal
Forafric Global entered an agreement to sell 100% of Forafric Portugal as part of its restructuring plan.
- The deal values the unit at US$1.4 million.
- The buyer is Farid Rehmani.
- Closing is targeted by Nov. 3, 2026, subject to customary conditions, including an escrow arrangement for the purchase price.
