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 2 successful mills, 1 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.