The company made this disclosure in an official statement to the Nigerian Exchange and the investing public.
The acquisition was made through Omiros Dairies Cyprus, marking the group’s first production facility outside Greece.
Dairy production is being threatened by the increasing frequency and intensity of heatwaves.
The DaIMA programme supports the Paris Agreement’s Nationally Determined Contributions (NDCs) and is designed to attract further climate finance by showcasing scalable, low-emission agricultural models.
According to the Brand Finance India 100 – 2025 report, Amul boasts a brand valuation of US$4.1 billion, placing it well ahead of its competitors in the food sector.