Placeholder story for stagingLAGOS, 19 September 2026 — Sahel Agro Processing Plc agreed to acquire a 30 percent minority stake in ColdChain Express Holdings Ltd. in a cash-and-share deal valued at approximately $420 million, subject to regulatory clearances.The food group said the investment would secure dedicated refrigerated capacity on export corridors facing seasonal reefer shortages. ColdChain Express operates warehouse clusters and a leased reefer truck fleet, while remaining independently managed.Competition and foreign-investment filings are still required in two jurisdictions. Analysts said the stake could help processors through peak harvest seasons but would not eliminate port congestion risk.Global Brief Staff • 19 September 2026