Nutreco is pleased to announce that subject to the necessary regulatory approvals it has formed two joint ventures with the Kenya-based, largest feed miller in East Africa Unga Group Plc to meet the growing demand for high-quality protein within the East African region. This partnership involves open-ended, Nutreco-managed joint ventures with two indirect subsidiaries of Unga Group: Unga Farm Care (EA) Limited in Kenya and Unga Millers (U) Limited in Uganda). The announcement underpins Nutreco’s commitment to its purpose of Feeding the Future and will enlarge the footprints of its divisions Trouw Nutrition and Skretting in East Africa.
The yet to be named joint ventures will focus on fish feed development in East Africa and complete animal feed development in Uganda. The entities will make significant investments in production capacity in both Kenya and Uganda to meet the anticipated future market demand.
- The Kenyan entity will produce fish feeds intended for East African markets at Unga’s existing extruded fish feed plant in Nairobi and market them under the Skretting & Fugo brands.
- The Ugandan entity will benefit from the transfer of Unga’s existing flour production facility in Kampala, to host a state-of-the-art mill producing complete animal feed and concentrates sold under a range of Trouw Nutrition & Unga brands.
Expanding into growth markets
The growing population in East Africa is expected to double from 170 million people to approximately 340 million people by 2050. With the increase in population, the demand for high quality protein from the aquaculture and agriculture sectors will rise accordingly.