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Tunisia: Land’or to go public soon

Land’or Company is prepares to make its debut at the alternative market of the Tunis Stock Exchange.

Hatem Denguezli, CEO of the company said confidently: “The Tunisian market has an extremely high growth potential: cheese consumption per household is still low, and demand is moving towards products with higher added value. We are ideally positioned to accompany this trend, with a range of products that will continue to be enriched and an adapted marketing strategy.

“In addition, the international openness of the Group is an inexhaustible source of development, and this orientation will be reinforced by commercial industrial expansion and through the acquisition of companies in different countries.”

Land’or had achieved a turnover of 45 million dinars in 2011. In 2012, the estimated turnover is 56 million dinars, thus registering a growth of 24.4% over 2011.

The Group has its own distribution infrastructure, covering more than 9,000 clients served directly, and relies on its own sales and distribution structure.

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