Milliyet Newspaper: Going Public and Growing with Investments
It will go public and grow with investment. Armada, one of the leading companies in grain and pulse export and import, is preparing for an IPO. The company, which plans to go public with 25 percent of its shares this summer, will invest 53.7 million dollars by the end of 2025, including ongoing and new ones. Armada, which is also a registered supplier of international aid organizations, will start producing "adult food" with a capacity of 144 thousand tons per year by putting into operation its functional food investment made within the scope of the UN World Food Program this month. Armada will be one of the 10 suppliers of the UN for this product, which will be sent to regions where famines are emerging in the world.