Unga Group and Dutch-based Nutreco International have closed a deal to form a joint venture partnership to meet the demand for animal nutrition products in the East African region.
The partnership involves two joint venture deals in Kenya and Uganda following regulatory approvals.
The 50:50 joint venture involve two indirect subsidies of Unga Group-Unga Farm Care (EA) Limited in Kenya and Unga Millers (U) Limited in Uganda.
“We are proud to be partnering with Lingo Group, and working together to share our knowledge of the animal nutrition and aquaculture markets. Unga Group possesses great expertise in the East African region, and we are delighted to join forces as we look to meet the growing demand for high-quality protein there,” Pieter Bastiaanssen, Managing Director Middle East & Africa at Nutreco.
Both ventures will be named Tunga Nutrition.
Tunga Nutrition Kenya will increase production capacity at its jointly owned fish feed plant in Nairobi to commercialize the products under Skretting and Fugo brands.
Tunga Nutrition Uganda will also make use of Unga Millers dormant flour mill in Kampala , its products will be sold under both Trouw Nutrition Hendrix and Unga’s Fugo brands.
“After many years of working with Nutreco as a supplier, we are thrilled to have elevated our relationship to the next level through the Tunga ventures,” said Joseph Malel Choge, Unga Group’s managing director.