Brookside takes over Rwanda’s top beverage firm

Nigeria President Muhammadu Buhari is taken on a tour of Brookside Dairy Limited in Ruiri on January 28, 2016. The company has acquired a 51 per cent stake in Inyange Industries of Rwanda. PHOTO | JEFF ANGOTE | NATION MEDIA GROUP

What you need to know:

  • Inyange, with current investment of up to $70 million, will now hold 49 per cent.
  • The takeover is expected to build the company’s capacity in terms of expertise and financial resources in its quest to expand.

Brookside Dairy, a company owned by the Kenyatta family, has gained a foothold in Rwanda through the acquisition of another firm.

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