Being export leader of Türkiye both in grain and feed milling technologies last year, Imas solidifies its leadership position every day with new achievements in milling industry. Imas and BUA Foods signed a new agreement to build the second ‘mega mill’ project of BUA Foods in Nigeria. After the first 3x800 TPD flour mill built by Imas for BUA Foods, the signing ceremony for the new 4x800 TPD flour mill project was held in BUA Group headquarters in London, England on the 20th of August, 2024.
As one of the leading food producer companies in Nigeria, BUA Foods recently decided to take a further step with a new investment in flour milling, under its strategic expansion plans. The new flour mill project is expected to provide enhanced manufacturing capacity and diversity for high-quality products, that will contribute towards addressing food safety and security challenges in Nigeria. After the completion of the new project, BUA foods also targets to increase its existing total capacity from 4.000 TPD to 7.200 TPD, which means 2.5 million metric tons of annual wheat milling capacity.
'BUA Foods - IRS 2 Flour Mill’ was the first project that Imas and BUA Foods worked together. The mill has been operating in Port Harcourt, Nigeria since 2023, having 2.400 TPD total capacity with 3 lines of 800 TPD each. BUA Foods today preffered Imas - the prominent Turkish flour and feed milling machinery manufacturer and turnkey service provider - again to build the new flour mill project: 4 flour mills of 800 TPD each, means 3.200 TPD cumulative milling capacity. With the completion of the new project, Imas will have established flour mills for BUA Foods in Nigeria with a total capacity of 5.600 TPD.
The agreement was signed during a formal ceremony at BUA Group headquarters in London, England, in the attendance of top executive members from both parties including Mr Abdul Samad Rabiu (Chairman, BUA Foods), Mustafa Özdemir (General Manager, Imas), Hasan Tosun (Vice General Manager, Imas) and Seyit Ali Topaç (Sales Manager, Imas).
Speaking at the signing ceremony, Abdul Samad Rabiu, Chairman, BUA Foods Plc, said, "This partnership with IMAS is a testament to our dedication to improving food security in Nigeria. These new factories will significantly boost our capacity to continue to produce high-quality flour products while helping to create additional job opportunities across the country. This investment is a step towards our target of increasing our share of the Nigerian flour market. The addition of four mills will enable us to produce high quality flour thereby offering us the flexibility to address various potential flour needs.”
Also Mustafa Ozdemir, General Manager of Imas said that "We at Imas are happy to again contribute to BUA Foods’ expansion drive, aimed at ensuring that more people in Africa have access to affordable and healthy food. Additionally, we feel proud to come together to sign a new agreement with BUA Foods today again, after our first project that we realized together. After the completion of this new project, Imas will also have another important reference project not only in Nigeria or Africa, in the global scale."
About Imas
Imas was established in 1989 as a subsidiary of Loras Holding, and today moves rapidly through its vision to be one of leading global brands in grain and feed milling technologies. Imas builds turnkey projects worldwide with more than 500 references in 5 continents and over 100 countries.
Imas achieved to be 2023 year’s export leader of Türkiye in both grain and feed milling machinery categories.
Imas is today the only milling machinery manufacturer of Türkiye having public offering, means that company shares (IMASM) are traded on Istanbul Stock Exchange since April 2022
Imas is today among Top 250 R&D Leaders of Türkiye since 2015, and moreover Top 10 R&D Leaders of Turkish machinery industry in all industrial segments.
About BUA Foods
BUA Foods Plc (NGX: BUAFOODS) is a leading food business with well-diversified and scalable operations producing sugar, flour, pasta, rice and edible oils. The company owns strategically located plants across Nigeria and a cordial alliance with local stakeholders in host communities. Additionally, BUA Foods is a resilient business built on a strong brand proposition and an operator with a well-known reputation for delivering high-quality products.
BUA Foods continues to invest in modern technology for efficient food production, innovatively expanding with strategic partners across the value chain. Headquartered and listed in Nigeria, BUA Foods is one of the most capitalised companies on the NGX Exchange and a leading consumer goods firm by market value.
