Astral Foods disposes of Quantum Foods stake
JSE-listed integrated poultry producer Astral Foods has disposed of its 9.8% interest in Quantum Foods for R141.7-million. “At the time Astral acquired the 9.8% equity stake in Quantum Foods in June 2020, there were unmitigated risks the group had to manage. These risks centred around securing the supply of live broilers to Astral’s County Fair operation in the Western Cape from Quantum.