Unga of Kenya Plans to Buy Bakery to Diversify Products

November 12, 2014


Purchase of Nairobi-based Ennsvalley Bakery to create new rev. stream, helping offset rising competition in milling industry, Nairobi-based Daily Nation newspaper reports, citing Unga Group’s Chairman Isabella Ochola-Wilson.

* NOTE: Sept. 26, Unga of Kenya Full-Year Profit Jumps 34% as Revenue Increases. Source: Bloomberg