Our aim is to become a large wheat miller in Sub-Saharan Africa, to capitalise on the growing per capita consumption of wheat flour-based products as a result of rapid urbanisation. We plan to do this by using a combination of acquisitions and Greenfield projects to form a configuration of port-based wheat mills.
In 2009, we fully acquired Crown Flour Mills, the third largest wheat miller in Nigeria. Encouraged by its two successful mills, one in Tin Can, Lagos and another in Warri, we are now planning to substantially increase capacity for both mills. In 2010, we announced the incorporation of a Greenfield wheat mill in Tema, Ghana. It is expected to be commissioned at end 2011.