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Brookside Dairy Limited

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Brookside Dairy Limited, often referred to as Brookside Dairies, is a dairy processing company in Kenya, the largest economy in the East African Community

Contents

  • 1 Location
  • 2 Overview
  • 3 History
  • 4 Branches
  • 5 Ownership
  • 6 Recent developments
  • 7 See also
  • 8 References
  • 9 External links

Location

The head office of Brookside Dairies is located along Thika Road in Ruiru, approximately 28 kilometres 17 mi, by road, northeast of Nairobi, the capital and largest city in Kenya The coordinates of the company headquarters are:1°10'420"S, 36°57'300"E Latitude:-1178333; Longitude:36958333

Overview

Brookside Dairies is the largest milk processing company in Kenya, where it controls 45 percent of the dairy market, as at January 2016 The company's products, including fresh and powdered milk, yogurt and butter, are distributed in the East African countries of Kenya, Tanzania, and Uganda

History

Brookside Dairies was established in 1993 by members of the Jomo Kenyatta Family, including his son Uhuru Kenyatta, who was elected President of Kenya in 2013 In 2009, the Gulf-area-based private equity firm Abraaj Capital paid US$187 million for 10 percent shareholding in the business In 2014, French yogurt maker Danone paid an undisclosed sum to acquire a 40 percent stake in Brookside Beginning in 2013, Brookside has expanded by buying stakes in rival milk processing plants in Kenya, Ethiopia, Nigeria, and Uganda

Branches

As of January 2015, Brookside Dairies maintained offices at the following locations:

  1. Ruiru Office Main Office - Ruiru, Kenya
  2. Kampala Office - Kampala, Uganda
  3. Arusha Office - Arusha, Tanzania
  4. Mwanza Office - Mwanza, Tanzania
  5. Dar es Salaam Office - Dar es Salaam, Tanzania

Ownership

Brookside Dairies is a limited liability company, registered in Kenya As of May 2015, the shareholding in the company stock was as depicted in the table below:

Brookside Dairy Limited Stock Ownership
Rank Name of Owner Percentage Ownership
1 Kenyatta Family 500
2 Danone 400
3 The Abraaj Group 100
Total 10000

Recent developments

In May 2015, Brookside Dairies paid Ksh35 billion about US$40 million for 51 percent shareholding in Sameer Agriculture & Livestock Limited, a dairy processing company in neighboring Uganda, in which the Ugandan government maintains a 49 percent shareholding In January 2016, the Kenyan press reported that the company had plans to expand to West Africa, starting with Nigeria

See also

  • Commercial Bank of Africa
  • Dairy industry in Uganda
  • List of milk processing companies in Uganda
  • List of wealthiest people in Kenya

References

  1. ^ a b Wachira, Charles 17 July 2014 "Danone Buys 40 Percent of Kenya's Brookside to Expand African Footprint" Bloomberg News Retrieved 8 May 2015 
  2. ^ GFC 24 March 2016 "Distance between Nairobi, Kenya and Ruiru, Kiambu, Kenya" Globefedcom GFC Retrieved 24 March 2016 
  3. ^ Google 24 March 2016 "Location of Brookside Dairies Headquarters" Map Google Maps Google Retrieved 24 March 2016 
  4. ^ Andae, Gerald 6 August 2015 "New KCC Cedes Market Share To Fresha Milk Firm" Business Daily Africa Nairobi Retrieved 7 August 2015 
  5. ^ a b Kariuki, James 24 March 2016 "Brookside calls for action against milk adulteration" Business Daily Africa Nairobi Retrieved 24 March 2016 
  6. ^ a b Andae, Gerald 28 January 2016 "Brookside plans for West Africa exports get Buhari visit boost" Business Daily Africa Nairobi Retrieved 31 January 2015 
  7. ^ Kariuki, James 8 October 2015 "Brookside gets access to French partner's flavours" Business Daily Africa Nairobi Retrieved 9 October 2015 
  8. ^ a b Nsehe, Mfonobong 19 July 2014 "Kenyan President Uhuru Kenyatta To Earn Millions From Danone Deal" Forbescom Retrieved 8 May 2015 
  9. ^ Andae, Gerald 21 August 2013 "Brookside Targets Rival for Larger Share of Milk Market" Business Daily Africa Nairobi Retrieved 3 June 2015 
  10. ^ Juma, Victor 11 November 2013 "Kenyatta Business Empire Goes Into Expansion Drive" Business Daily Africa Nairobi Retrieved 3 June 2015 
  11. ^ Masinde, Joshua 29 December 2013 "Brookside Given Nod To Buy Rival Company" Daily Nation Mobile Nairobi 
  12. ^ a b Star Reporter 1 May 2015 "Uganda: Brookside Buys Sameer's Uganda Dairy Operations" The Star Kenya via AllAfricacom Retrieved 8 May 2015 
  13. ^ Brookside Dairies, 2014 "Locations of Brookside Dairy Limited Offices" Brookside Dairy Limited Brookside Dairies Retrieved 8 May 2015 
  14. ^ Mfonobong, Nsehe 1 June 2015 "Kenya's 2nd Richest Man Sells Dairy Firm To Kenyatta Family-Owned Business" Forbescom Retrieved 1 June 2015 

External links

  • Danone Buys Kenyan Dairy Firm Stake To Add To African Markets

Coordinates: 01°10′42″S 36°57′30″E / 117833°S 3695833°E / -117833; 3695833

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