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Centum diversifies into agribusiness with 120 acre Nyandarua farm
Investment company Centum has bought 120 acres of land in Ol Kalau, Nyandarua County, to start production of exotic herbs and vegetables for export in its first agribusiness venture.
The Nairobi Securities Exchange-listed firm acquired the land at a cost of Sh89 million through Greenblade Growers Ltd, a new fully owned subsidiary. “Through this subsidiary we acquired a 120-acre site in Ol Kalau, Nyandarua, and have established a business focused on growing herbs and vegetables primarily for EU markets,” the company says in its latest annual report.