The Yield Uganda Investment Fund (Yield Fund) is pleased to announce an investment in Quality Milk Dairies Limited Ltd. This marks the Fund’s 15th investment into the Ugandan agricultural sector.
Quality Milk Dairies Limited, a vertically integrated milk production, aggregation, processing, and distribution company, is run and managed principally as a family business. The track record of operations of the company goes back almost 20 years in Masindi District, Western Uganda, during which time the company developed strong competencies in the collection and aggregation of raw milk for onward distribution to existing processors. It is only recently, in November 2019, that it commissioned a milk processing plant in Nalukolongo Industrial Area, Kampala, a location informed by proximity to the major local consumer markets, as an entry point into the higher value added milk products market hence achieving a vertical business integration need.