Kitui Flour Mills, the maker of the Unga wa Dola wheat and maize flour brand, has received unconditional approval from the Competition Authority of Kenya (CAK) to fully acquire Rafiki Millers.
The competition watchdog said on Monday that the approval has been granted based on the finding that the transaction was unlikely to negatively impact competition in the wheat milling market, nor elicit negative public interest concerns, the two key considerations during merger analysis.
