Type of business Private | Website Homepage Founded 1993 | |
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Key people Muhoho KenyattaExecutive Chairman & CEO Products Milk, butter, cheese, yogurt, ice-cream Revenue Gross: €130 million (US$176 million) (2014) | ||
Brookside Dairy Limited, often referred to as Brookside Dairies, is a dairy processing company in Kenya, the largest economy in the East African Community.
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Location
The head office of Brookside Dairies is located along Thika Road in Ruiru, approximately 28 kilometres (17 mi), by road, northeast of Nairobi, the capital and largest city in Kenya. The coordinates of the company headquarters are:1°10'42.0"S, 36°57'30.0"E (Latitude:-1.178333; Longitude:36.958333).
Overview
Brookside Dairies is the largest milk processing company in Kenya, where it controls 45 percent of the dairy market, as at January 2016. The company's products, including fresh and powdered milk, yogurt and butter, are distributed in the East African countries of Kenya, Tanzania, and Uganda.
History
Brookside Dairies was established in 1993 by members of the Jomo Kenyatta Family, including his son Uhuru Kenyatta, who was elected President of Kenya in 2013. In 2009, the Gulf-area-based private equity firm Abraaj Capital paid US$18.7 million for 10 percent shareholding in the business. In 2014, French yogurt maker Danone paid an undisclosed sum to acquire a 40 percent stake in Brookside. Beginning in 2013, Brookside has expanded by buying stakes in rival milk processing plants in Kenya, Ethiopia, Nigeria, and Uganda.
Branches
As of January 2015, Brookside Dairies maintained offices at the following locations:
- Ruiru Office (Main Office) - Ruiru, Kenya
- Kampala Office - Kampala, Uganda
- Arusha Office - Arusha, Tanzania
- Mwanza Office - Mwanza, Tanzania
- Dar es Salaam Office - Dar es Salaam, Tanzania
Ownership
Brookside Dairies is a limited liability company, registered in Kenya. As of May 2015, the shareholding in the company stock was as depicted in the table below:
Recent developments
In May 2015, Brookside Dairies paid Ksh3.5 billion (about US$40 million) for 51 percent shareholding in Sameer Agriculture & Livestock Limited, a dairy processing company in neighboring Uganda, in which the Ugandan government maintains a 49 percent shareholding. In January 2016, the Kenyan press reported that the company had plans to expand to West Africa, starting with Nigeria.