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The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
NAIROBI: Flame Tree Group has announced acquisition of four food and snack brands from Chirag Kenya –Natures Own (spices), Chigs (potato crisps), Honeycomb (biscuits) and Gonuts (nuts).
This brand portfolio had annual turnover of Sh90 million for 2014 and is distributed through leading convenience, and retail channels. As well as the four brands, Flame Tree Group will be acquiring the company's 60 employees and the Nairobi-based factory and distribution assets.
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