FEATURED STORY

Bidco Enters Animal Feeds Processing in Sh1.2bn Joint Venture

Share
bidco animal feeds factory launch www.businesstoday.co.ke
Bidco Africa Group Chairman Vimal Shah, Nakuru County Deputy Governor Dr Erick Korir, Industry, Trade & Cooperatives Cabinet Secretary Peter Munya and Dave Hoogmoed, Land O' Lakes Chief Operating Officer Jesse Greene, Production Leader at Bidco Land O' Lakes during the official opening. [ Photo / Business Today ]
Share

Bidco Land O’Lakes on 4th December 2019 opened its new state-of-the-art animal manufacturing feed plant in Nakuru.

Bidco Land O’Lakes is a joint venture launched in 2016 between Bidco Africa, East Africa’s leading manufacturer of fast-moving consumer goods (FMCG) and Land O’Lakes Inc., one of America’s largest farmer-owned cooperatives.  

Boon for livestock farmers

The joint venture formulates performance diets that provide value in the Kenyan market and has invested $12 million (Ksh1.2 billion) into the Nakuru plant which targets to produce more than 28 metric tonnes per hour of animal nutrition products.

The official opening was presided over by the Cabinet Secretary of Industry, Trade and Cooperatives, Mr Peter Munya. 

“This plant now adds another 160,000 metric tonnes per annum of world-class feeds manufacturing capacity to empower our farmers and agribusinesses with much more competitiveness by increasing the farmers’ outputs and yields so that they are much more viable in their markets,” said Mr Vimal Shah, the chairman of Bidco Africa.

“Farmers in Kenya have welcomed zero-grazing and this will also in effect assist in the overall agenda on climate change too.”

Mr Dave Hoogmoed, Executive Vice President of Land O’Lakes, Inc said the products will provide Kenyan farmers with the latest tools and technologies to advance their livelihoods. “Animal food production is rapidly moving forward in Kenya. We are leveraging our company’s experience, knowledge and technology to help farmers optimize production and focus on return-on-investment,” he said.

In addition to Bidco Feeds brand, the plant has added new Land O’Lakes Advanced Nutrition products to target progressive livestock producers whose focus is high performance and productivity.

Read >> Kenyans Smelling the Coffee, Finally, as Demand Grows

Bidco Land O’Lakes plans to introduce four new products: Pro Calf Starter, Pro Heifer Developer, Pig Starter 4-4-4 and Pro Calf Milk Replacer, among others.

Processing at the plant will follow rigorous standards, including testing ingredients for quality, and right mix of nutritional elements, they said.

Written by
BT Reporter -

editor [at] businesstoday.co.ke

1 Comment

Leave a Reply

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

PAST ARTICLES AND INSIGHTS

Related Articles
Former WPP-Scangroup CEO Bharat Thakrar
FEATURED STORY

WPP ScanGroup Joins List of Firms that Have Issued Profit Alert

WPP ScanGroup, listed at the Nairobi Securities Exchange(NSE), has joined a list...

Sidian Bank branch launch
FEATURED STORY

Sidian Bank Upgraded to Medium-Size Status by CBK: Facts and Figures

Sidian Bank, a 50-branch lender closely associated with the late tycoon Chris...

Diageo exit was apparent even as EABL is building its war chest with a KSh 20 bn Cash Call
FEATURED STORY

 Diageo UK Plc Finally Exits East Africa’s Beer Market

Diageo Plc UK, a global brewing giant has sold its entire stake...

Sacco loans are popular with land , home buyers
FEATURED STORY

SACCO Loans for Land and House Purchases fall to KSh32.7Bn In September

SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to...