Woolworths (South Africa)

Woolworths, the South African retail group, has announced an agreement to acquire 100% of its long-term supplier, In2food. While the financial terms of the deal were not disclosed, In2food is a major industry player generating annual revenues exceeding 5 billion ZAR ($290 million). In2food, a South African producer of fresh prepared foods, snacks and bakery items, has been a strategic partner to Woolworths for more than three decades. It is …