Nigeria: BUA Foods signs Imas for milling expansion

BUA Foods PLC, a Nigerian food manufacturing company, has signed an agreement with Turkish flour milling equipment manufacturer Imas to build four new wheat flour mills with a total capacity of 3,200 tonnes per day. 

BUA Foods said the mills will increase its wheat flour milling capacity up to 2.5 million tonnes annually to deliver more high-quality products and help alleviate food challenges in Nigeria, the most populous nation in Africa with over 230 million people. Financial terms of the project were not disclosed.

“This partnership with Imas is a testament to our dedication to improving food security in Nigeria,” said Abdul Samad Rabiu, chairman of BUA Foods, during the Aug. 20 signing ceremony. “These new factories will significantly boost our capacity to continue to produce high-quality flour products while helping to create additional job opportunities across the country.

“This investment is a step toward our target of increasing our share of the Nigerian flour market. The addition of four mills will enable us to produce high-quality flour, thereby offering us the flexibility to address various potential flour needs.”

Headquartered in Lagos, BUA Foods is a diversified food business with scalable operations producing sugar, flour, pasta, rice and edible oils. The company owns plants across Nigeria and partners with local stakeholders in those communities. 

BUA Foods said it continues to invest in modern technology for efficient food production, innovatively expanding with strategic partners across the value chain. The project is part of the company’s strategic expansion plans by all its business divisions since the company’s debut on the Nigerian exchange (NGX).“We at Imas are happy to again contribute to BUA Foods’ expansion drive aimed at ensuring that more people in Africa have access to affordable and healthy food,” said Mustafa Ozdemir, vice president of Imas.

This article has been republished from The World Grain.