By WANJOHI GITHAEMore by this AuthorBrookside Dairy, a company owned by the Kenyatta family, has gained a foothold in Rwanda through the acquisition of another firm. The company has acquired a 51 per cent stake in Inyange Industries, a leading beverage manufacturer in the country, according to reports in the online Indian Ocean Newsletter publication. However, when contacted, Brookside Dairy’s director of milk procurement John Gethi said the company was not aware of the claims. In May 2015, Brookside Dairy Ltd paid Sh3.5 billion for 51 per cent shareholding in Sameer Agriculture & Livestock Limited, a dairy processing company in Uganda. In 2013, Brookside acquired a 20 per cent stake in Ethiopia’s Elemtu Milk Integrated Industry (Elemtu Diary).
Source: Daily Nation October 01, 2016 19:15 UTC