BUA Foods expands wheat flour milling capacity with four new plants

BUA Foods Plc, a top food manufacturing company in Nigeria, has announced a significant expansion of its wheat flour milling capacity.

The company has signed an agreement with IMAS, a renowned Turkish manufacturer of flour milling equipment, to construct four wheat and flour milling factories. The new facilities will have a combined milling capacity of 3,200 tonnes per day.

The expansion is part of BUA Foods’ plan to enter new markets since its debut on the Nigerian Exchange (NGX). The new factories are expected to enhance the company’s manufacturing capabilities, allowing it to produce more high-quality products and address food challenges in Nigeria.

The agreement was formalized during a ceremony attended by top executives from both BUA Foods and IMAS. This event highlighted BUA Foods’ commitment to growth and its strategy to increase production capacities across all its business divisions.

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Abdul Samad Rabiu, Chairman of BUA Foods Plc, expressed his enthusiasm for the partnership.

He stated, “This collaboration with IMAS demonstrates our dedication to improving food security in Nigeria. The new factories will significantly boost our capacity to produce high-quality flour products and create additional job opportunities across the country.”

Rabiu also emphasized that this investment is a step towards increasing BUA Foods’ share of the Nigerian flour market. “The addition of four mills will enable us to produce high-quality flour, offering us the flexibility to meet various flour needs,” he added.

A representative from IMAS, Mustafa Ozdemir, also commented on the partnership. “We at IMAS are pleased to contribute to BUA Foods’ expansion efforts, ensuring that more people in Africa have access to affordable and healthy food,” he said.

BUA Foods Plc (NGX: BUAFOODS) is a leading food business with diversified and scalable operations.

The company produces sugar, flour, pasta, rice, and edible oils, and operates multiple plants across Nigeria.