Danone Partners With Brookside in East Africa
Danone has strengthened its standing in Africa by acquiring a 40% stake in Brookside, East Africa’s leading dairy products group. Established in Kenya in 1993 and with 2013 revenues of around €130 million, Brookside operates a unique distribution platform enabling a daily access to over 200,000 outlets. The company manages the largest milk collection network in East Africa, with 140,000 farmers in the region.
By uniting Danone’s international expertise in fresh dairy products with Brookside’s regional expertise and robust supply chain, the partnership will enable Brookside to accelerate growth by expanding its product portfolio and strengthening its geographical presence in key markets in the East African region, including Uganda and Tanzania.
The partnership deal will significantly enhance the platform Danone is currently building in Africa.