Ellah Lakes Plc has reaffirmed that its planned acquisition of Agro-Allied Resources & Processing Nigeria Limited (ARPN), a Singapore-based entity jointly owned by Tolaram Africa and Valuestar Holdings, remains on track for completion by the end of the first quarter of 2026, positioning the transaction as a central pillar of its long-term growth and expansion.
>In a statement seen by BusinessDay, the company said the deal, which is still subject to final conditions and regulatory approvals, is expected to significantly expand its operational footprint, enhance scale, and improve efficiency across its agribusiness value chain. </
Read also: Ellah Lakes’ N235bn public offer, a long bet on Nigeria’s oil palm economy
