BUA Foods Plc has announced a significant expansion of its milling operations through a new agreement with Turkish flour milling equipment manufacturer IMAS. The agreement will see the construction of four wheat and flour milling factories, collectively increasing the company’s milling capacity by 3,200 tonnes per day.
Adewunmi Desalu, Director of Marketing and Corporate Communications at BUA Foods, stated that this development aligns with the company’s strategic goals to enter new markets following its listing on the Nigerian Stock Exchange. The new facilities are expected to enhance manufacturing capabilities and contribute to mitigating food security challenges in Nigeria.
The agreement was formalized at a signing ceremony attended by senior executives from both BUA Foods and IMAS. Abdul Samad Rabiu, Chairman of BUA Foods Plc, emphasized the importance of this partnership in improving Nigeria’s food security. “This collaboration with IMAS underscores our commitment to enhancing food production in Nigeria. These new mills will not only boost our capacity to produce high-quality flour but also create additional job opportunities across the country,” Rabiu said.
He further noted that the expansion is aimed at increasing BUA Foods’ market share in the Nigerian flour industry and providing the flexibility to meet diverse flour requirements.
Mustafa Ozdemir, Vice President of IMAS, expressed enthusiasm about supporting BUA Foods’ growth. “We are pleased to contribute to BUA Foods’ expansion efforts, which will help ensure that more people in Africa have access to affordable and nutritious food,” Ozdemir commented.
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