US INVESTOR TO PROMOTE EXPANSION IN ETHIOPIA DAIRY COMPANY
January 1st, 2016
US investment firm, Schulze Global Investments Ltd (Schulze Global), has finalised the acquisition of a 45% stake in MB PLC (Family Milk), a leading dairy company in Ethiopia.
Schulze Global decided to partner with the Family Milk brand because of its “strong potential as a market leading dairy processor”, explained the new CEO of the Addis Ababa-based MB PLC, Robert Kariuki.
In addition to the Horn of Africa nation having the largest dairy cow population in Africa, a major attraction for Schulze Global is that “Ethiopia’s domestic market for dairy ...
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