Sign up for free newsletter

 

Eggs

8 Miles makes Ugandan agribusiness investment

8 Miles, a pan-African private equity firm, has purchased a stake in Ugandan agribusiness Biyinzika Poultry International Ltd (BPIL) for an undisclosed consideration.

BPIL was established in 1990 and is the Ugandan market leader in the sale of poultry Day-Old Chicks (DOC) and specialised poultry feed, which is produced at its recently constructed feed mill and storage facility in Katega, Uganda.
 
The company has 21 outlets around Uganda and produces approximately 500,000 DOC per week.
 
Doug Agble, partner at 8 Miles, says: “The current market is fragmented with a few niche players and the investment from 8 Miles provides the company with an opportunity to add scale and depth to its product offering.” 
 
8 Miles LLP is regulated by the UK Financial Conduct Authority and the fund is only open to institutional and qualified investors.


Subscribe to free daily newsletter
latestjobs
Algorithmic Trading Developer - C++, Linux, Python

Fri, 24 Apr 2015 00:00:00 GMT

Senior Project Manager – Data Governance

Fri, 24 Apr 2015 00:00:00 GMT

Java Programmer – Credit Derivatives, Front Office

Fri, 24 Apr 2015 00:00:00 GMT

events
21 hours 27 min from now - Grand Caymen
1 day 21 hours from now - New York
1 day 21 hours from now - Wiesbaden
2 days 21 hours from now - California
3 days 21 hours from now - London
specialreports