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Kenyan and Dutch Dairy Firms Partner Up

03 January 2017

KENYA - DOB Equity, a Dutch private equity fund, is investing in Countryside Dairy Ltd, a Nyahururu-based dairy-processing firm.

By investing in Countryside Dairy Ltd, the private equity fund with offices in Kenya, Tanzania and the Netherlands will be seeking a slice of the multi-billion shilling dairy sub sector.

Signing the deal last week, officials from DOB Equity said farmers will be quaranteed of better deals for their produce and customers will enjoy quality.

Brigit van Dijk-van de Reijt, CEO of DOB Equity, said: “Our latest deal in the East African dairy sector will allow Countryside Dairy to beef up its supply chain and offer better purchase prices to farmers, while guaranteeing product traceability.”

Countryside Dairy Managing Director George Mwangi said the entry of DOB Equity will boost the firm’s efforts to enhance value for Kenyan dairy farmers.

Currently, receiving raw milk from more than 20,000 farmers drawn from Nyandarua and Laikipia counties, Countryside Dairy plans to expand its catchment area.

Source: Standard Digital

TheCattleSite News Desk



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