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Brookside closes Sh1.1bn Buzeki takeover deal
A supermarket attendant at work in the milk section. Brookside Dairies has firmed its grip on the local milk market with acquisition of Buzeki, the makers of Molo Milk. Photo/FILE
Milk processor Brookside Dairies has completed the acquisition of Buzeki Dairy — the maker of Molo Milk and Kilifi Gold — in a deal that consolidates its grip on Kenya’s formal milk market.
People familiar with the deal said it was priced at Sh1.1 billion and has since received the approval from the Competition Authority of Kenya (CAK), the market regulator.