The owners of Nairobi Flour Mills, which was processing Jimbi maize and wheat brands, have put up the business for sale at an asking price of Sh400 million.
The sale offer marks increased deal making in the packaged food business, coming soon after Kitui Flour Mills (which trades under the Dola maize and wheat brand) acquired the assets of Rafiki Millers which ceased operations in April 2021.
