[Source: Business Daily, by Simon Ciuri]
Consumer goods manufacturer Bidco Africa Group has opened a $2.5 million (Sh267 million) juice processing plant in Ruiru, Kiambu through a joint venture with Danish firm Co-Ro food for non-carbonated soft drinks.
Bidco said the joint venture would trade under BidCoro to produce Sunquick brand targeting both local and export markets, citing high demand for juice products.
BidCoro chief operating officer Mads Burmester told the Business Daily on the sidelines of the launch that they raised the capital injected through…