Twiga in new acquisitions to diversify product portfolio

Twiga Foods multi-million-dollar distribution centre, a 200,000 square foot facilty in Tatu City, Kiambu County.

Photo credit: File | Nation Media Group

Kenyan agri-tech firm Twiga Foods has acquired majority stakes in three regional fast-moving consumer goods (FMCG) distributorships for undisclosed value as the firm seeks to diversify its product offering from fresh farm produce.

The three include Nairobi-based Jumra which is a wholesale food and drinks distributorship that also deals in personal and baby care as well as household and cleaning products, and Kisumu-based Sojpar which is a warehouse dealing in food and beverage, stationery, and logistics among others.

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