Unga Group #ticker:UNGA expects to get Sh284.5 million from the sale of its bakery business and part of its stakes in its animal feed subsidiaries.
The company recently reached an agreement to sell Ennsvalley Bakery to BigCold besides signing deals to transfer part of the assets of Unga Farm Care and Unga Millers to joint ventures that the subsidiaries will own on a 50/50 basis with Nutreco International B.V.
