(Ecofin Agency) - In Tunisia, the Hachicha family group which operates in various sectors including household appliance, chemicals, and plastics, just added an animal feed firm to its agro food division.

Named Société Alfet El Machia or SAEM, this new company has a capital of one million euro and will produce feed compounds for livestock and poultry, Kapitalis reveals.

The website added that it is the third time this year that the group was making such a move. Truly, Hachicha previously started dealing hospitality equipment and hardware.

Since 1960 when it was founded, Hachicha has become extremely popular in the Tunisian agro food industry mainly, with its Randa brand which it launched in 1987.

Aaron Akinocho