Rapide Group Signs Letter of Intent to Acquire Indonesian Green Coffee Business
Rapide Group (RAPI) has announced the signing of a non-binding Letter of Intent (LoI) for the acquisition of an Indonesia-based company. The target firm specializes in the sourcing, processing, and trading of green coffee commodities. The target business is reported to generate annual top-line revenues exceeding $9 million. This strategic move aims to expand Rapide Group's footprint within the agricultural commodity sector, specifically focusing on the high-demand green coffee market.
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