Mauritian multinational steps up Kenya expansion

A Naivas supermarket branch. FILE PHOTO | NMG

Mauritian conglomerate IBL Group is moving aggressively to grow into Kenya’s construction, agrochemicals, consumer goods distribution and reinsurance industries, adding to a string of acquisitions it is implementing in the local market.

The multinational plans to enter the local distribution of fast-moving consumer goods through its subsidiary BrandActiv.

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