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.
Premium Article
Get Full Access for Ksh299/Week.
Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Stand With Bold Journalism.
Stand With The Standard.
Journalism can't be free because the truth demands investment.
At The Standard, we invest time, courage and skills to bring you accurate,
factual and impactful stories. Subscribe today and stand with us in the
pursuit of credible journalism.