INVESTMENTS, FUNDING & M&A

The plant is designed to manufacture nine feed formulations tailored to meet specific nutritional needs across different stages of bird development.

The poultry sector is increasingly seen as a viable path to economic inclusion, though its long-term success may depend on consistent investment and farmer support systems.

The facility is intended to improve poultry health, support higher output, and reduce the environmental impact typically associated with conventional rearing methods.

DSM-Firmenich confirmed in early 2024 that it intends to carve out the ANH division by the end of 2025.

The acquisition strengthens Alltech’s foothold in northern Europe’s aquaculture sector while ensuring Finland’s domestic fish feed supply is safeguarded.

Guinea’s fisheries sector, which contributes 4.5% to the national GDP and supports nearly 7.5% of the population, faces growing risks from climate-induced sea-level rise, coastal erosion, and more frequent extreme weather events.

The state-of-the-art 150,000-square-foot facility will be Farmina’s first facility outside Europe, and is expected to create at least 200 jobs.

With production now fully operational, the plant is expected to increase the company’s ability to deliver customized, safe, and sustainable nutrition solutions at scale.

The new centre is expected to serve not only Kakamega but also neighbouring counties in the Lake Region Economic Bloc (LREB), significantly boosting the region’s blue economy.

The decision for Agrifirm to divest from Hungary aligns with its broader strategy of focusing on markets with high growth potential.