The deal, approved unconditionally by the Competition Authority of Kenya (CAK), is linked to a consortium comprising the owners of Mombasa Maize Millers, Kitui Flour Millers, and Eldoret Grains Limited.
The flour and grain trading business was the main driver of earnings, contributing US$10.84 million in operating profit.
The company wants to tap to Jordan’s geographic advantage, connecting markets like Palestine, Syria, Iraq, and Saudi Arabia, making it an ideal hub for regional distribution.
To commemorate 50 years of excellence, Azam introduced the Special Golden Jubilee pack of Azam Ngano Bora Wheat Flour.
UEFM is one of Egypt’s key grain processors, specializing in milling both local and imported wheat.