FEATURED STORY

Animal Feeds Manufacturer Invests Sh700m in New Factory

Share
Cooper K-Brands www.businesstoday.co.ke
Cooper-K Ltd MD Mucai Kunyiha (centre) with Evanson Gitau, a farmer (left), showing off samples of the Maclik dairy salt that will be manufactured at the new plant in Ruiru. [ Photo / Muoki Charles ]
Share

Animal Health Company Cooper K-Brands has opened a Ksh700 million factory at Tatu City in Ruiru, Kiambu County, as part of its expansion programme to increase the production of nutritional supplements for livestock and boost revenue.

Cooper K-Brands Group Managing Director Mucai Kunyiha said the plant will be used to manufacture mineral salts and nutritional products for dairy cattle and poultry.

The venture has been funded through external financing from Africa Agriculture and Trade Investment Fund (AATIF) and internal cash reserves.  The factory has capacity to produce two tonnes of products per hour.

The new plant will produce Maclik dairy salt, which was unveiled on Sept. 18th, and Kupa Kula mineral brands. Maclik is a mineral supplement product that provides essential minerals to dairy and meat animals at different stages of production.

Cooper-K Brands is known locally for brands such as Maclik Super, Maclik Dry Cow, Maclik Beef, Maclik XP and Maclik Mineral Brick.  Others are Kupa Kula, Coopers milking salve, Grenade and dewormer products such as Nefluk and Nilzan Super, Nilzan Bolus and Nilzan.

The MD said the launch is a key step for CKL towards its corporate goal of enabling Africa to be a global leader in food production. The launch of the new plant comes at a time when the government has prioritised manufacturing as one of its Big 4 Agenda.

“This new initiative is aimed at meeting the nutritional and production needs of livestock farmers in Kenya and within the region. “The company has expanded its capacity and capability to manufacture and improve Maclik and other nutritional supplements,” said Kunyiha during the launch.

Relocating Manufacturing Plant

 Dr. Thomas Duve, the Director AATIF Regional Funds, said they are willing to fund good investment opportunities in the country.Duve revealed that AATIF will be extending a loan facility of $4 million to finance establishment of new CKL offices.

“We are very confident that what we fund is going to be of impact to the lives of small-scale farmers and that is why we are in the business,” he said.The plant is seated on 5.7 acres of land and will have a workforce of 20 people. Currently, the company has about 200 employees in Kenya, Uganda and Rwanda.

The Company also plans to relocate its manufacturing plants from its main offices in Loresho, Nairobi to Tatu City in Kiambu County.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
The Origins of Commercial Banking in Kenya
ECONOMYFEATURED STORY

The Origins of Commercial Banking in Kenya

Kenya is rich in type, number and sophistication of financial institutions. The...

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme
FEATURED STORYNEWS

What to Know about President Ruto’s Planned Nationwide Livestock Vaccination Programme

The nationwide livestock vaccination programme “against diseases,” planned for January next year,...

2024 SkyTeam Aviation Challenge
FEATURED STORY

Kenya Airways Shortlisted for 2024 SkyTeam Aviation Challenge

Kenya Airways (KQ) is the only African airline that has been shortlisted...

Affordable Housing Project
FEATURED STORY

Govt Puts Up For Sale 4,888 Affordable Housing Units: Here’s The Full List And How To Buy

The government has put up for sale 4,888 affordable housing units across...