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Brookside Dairy Limited
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|Brookside Dairy Limited by Kenyans247(1): Fri 19, February, 2021 07:37pm|
Brookside Dairy Limited, often referred to as Brookside Dairies, is a dairy processing company in Kenya, the largest economy in the East African Community. The company offers fresh pasteurized milk, cream, butter, yogurt, ghee, and long life milk products in Indian Ocean Islands, East Africa, Rwanda and Burundi. It provides products through distribution depots, agents, and sub agents to outlets in East Africa.
The head office of Brookside Dairies is located along Thika Road in Ruiru, opposite Kenyatta University, 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).
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.
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.
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
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:
Brookside Dairy Limited Stock Ownership
Rank Name of Owner Percentage Ownership
1 Kenyatta Family 50.0
2 Danone 40.0
3 The Abraaj Group 10.0
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.
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