Pioneer Foods enters East African cereal market
JSE listed Pioneer Foods is acquiring a 49.8% interest in UK food processing company Weetabix’s East Africa distributing company.
The Kenya-based company has been in operation for over 40 years and has about 13 brands in its portfolio. Last year, the business invested £1.6-million in a capacity upgrade programme at its facilities, giving it 60% more capacity.
Weetabix East Africa produces about 12 t of cereal,.... Read more »
Posted on : Tuesday , 22nd November 2016