NAIROBI, Kenya Feb 1-Unga Group has closed a deal with Nutreko, an animal nutrition company, to form a joint venture which will help meet the demand for animal nutrition products in the East African region.
The partnership involves joint ventures with two indirect subsidies of Unga Group-Unga Farm Care(EA) Limited in Kenya and Unga Millers(U) Limited in Uganda.
“We are proud to be partnering with Unga Group, and working together to share our knowledge of the animal nutrition and aquaculture markets,” said Peter Bastiaanssen, Managing Director, Middle East & Africa at Nutreco.
Both ventures will be named Tunga Nutrition, Tunga Nutrition Kenya will increase production capacity at its jointly owned fish feed plant in Nairobi to commercialize the products under Skretting and Fugo brands.
On the other hand, Tunga Nutrition Uganda will make use of Unga Millers dormant flour mill in Kampala , its products will be sold under both Trouw Nutrition’s Hendrix and Unga’s Fugo brands.
The partnership is expected to bring significant investment in the Eastern Africa region, and support both Kenya and Uganda in meeting the rising demand for high quality protein.
“After many years of working with Nutreco as a supplier , we are thrilled to have elevated our relationship to the next level through this venture,” said Joseph Choge, Group MD at Unga.
