Uganda’s milk processing firm behind the Lato brand has received approval to acquire a Kenyan milk company, giving it room to overcome hurdles that have been disrupting the supply and sell of its products in Kenya.
The Comesa Competition Commission in a notice dated March 11, says it has approved the transaction, allowing Maziwa, the non-operating holding company incorporated in Mauritius, to acquire 100 percent stake in Highland Creamers & Food Limited— a Kisii-based firm that started operations in 2015 and is behind the Farmily Milk brand.
