Altree Capital invests in Burton & Bamber's sustainable growth

Email Bookmark Print Home > Altree Capital invests in Burton & Bamber's sustainable growth

Company News View All

Jenni Chamberlain to Speak at AVCA Conference on 26 April 2024

Please find the below link for the article...

Altree Capital invests in Burton & Bamber's sustainable growth...

Please find the below link for the article...

Celebrating excellence - the women-founded and -led companies that work with Altree...

Please find the below link for the article...

Uncover Skincare Experience Grand Opening & I Am Restored Blemish Serum Launch ...

Please find the below link for the article...

Wahu! Mobility launches Ghana’s first electronic vehicle plant ...

Please find the below link for the article...

Altree Capital backs Wahu Mobility...

Please find the below link for the article...

Kasha raises $21M Series B led by Knife Capital to expand health access platform across Africa...

Please find the below link for the article...

Altree Capital successfully invests in Kasha...

Please find the below link for the article...

Altree Capital concludes investment in Uncover...

Please find the below link for the article...

Prosper Africa congratulates Altree on receiving Visa's grant funding

Please find the below link for the article...

Three African women fund managers receive grant funding from Visa Foundation

Please find the below link for the article...

Altree Partners with Visa Foundation

Please find the below link for the article...

Altree Capital 2022 Review and Outlook for 2023

Please find the below link for the article...

Altree Partners with Prosper Africa

Please find the below link for the article...

Foreign Investors Are Computing Their Own Forex Rate in Nigeria

Please find the below link for the article...

WEMI Fund Manager Programme Selects Altree and 11 other Southern African Women Fund Managers

Please find the below link for the article...

Conversations with the Cohort: Altree Capital

Please find the below link for the article...

27 April 2021 - Webinar on The Road to Local IPOs

Please find the below link for the webinar access from June 10 at 1pm GMT / 8am EST...

10 June 2020 - Webinar on African equities investing access link

Please find the below link for the webinar access on June 10 at 1pm GMT / 8am EST...

Africa Opportunities Impact Fund COVID-19 Report

COVID-19 reinforces the need for Africa to accelerate food production and improve security of supply ...

Jenni Chamberlain Named to Africa AM Power 50

Jenni Chamberlain named to the Africa AM Power 50 for second consecutive year...

Africa Opportunities Fund wins Africa ex-South Africa Fund of the Year

Altree Capital, the Pan-African asset management house, received top honors at the Inaugural Africa Fund Manager Performance Awards...

Altree Capital invests in Burton & Bamber's sustainable growth

April 2024

Altree Capital is pleased to announce its investment in Burton and Bamber Company Limited (B&B), a leading dried fruit and healthy snacks business based in Kenya. Founded in 2015, B&B has established itself as a key player in the East African market, supplying major supermarkets and distributors across Kenya, Uganda and Tanzania and exporting to international markets.

B&B, was founded by Ofelia Burton and Jonathan Bamber and following from the shared experiences of Jonathan and Ofelia while working at a company specialising in off-grid solar products for rural Kenyan households. The company's commitment to sustainability, innovation and community empowerment aligns seamlessly with Altree Capital's investment philosophy, making it an ideal partner for growth and impact.

Ofelia and Jonathan firmly believe in the power of product visibility and consumer engagement. Their commitment to ensuring that their products not only stand out on the shelves but also consistently meet consumer demand highlighting their dedication to delivering excellence in the retail space. With their new Crackies range, they see immense potential to capture the mass market, offering a product that resonates with consumers on various levels.

Altree Capital's investment in B&B will support the expansion of its Crackies and dried fruit product lines, focusing on building additional capacity, modernising and implementing improved sustainable solutions. With plans to invest in solar dryers, spiral mixers, fryers, extruder and other production support equipment, B&B aims to enhance its production capacity and efficiency. The investment will also facilitate the implementation of sustainable manufacturing practices, including food waste prevention and enhanced water and energy management.

B&B operates with a strong focus on gender inclusivity, with women comprising 83% of its management team and 75% of its workforce. Whilst sustainability is a focus ensuring efforts to prevent food waste, promote sustainable farming practices and reduce its environmental footprint.


<>

B&B has significant market potential in the global snack and ingredient markets. By leveraging its sustainable sourcing practices, advanced processing technology and experienced leadership team, B&B is well-positioned to capitalise on growing demand for healthy snacks in East Africa and abroad.

Altree Capital is proud to partner with B&B on its journey to sustainable growth and social impact and we look forward to supporting the company in achieving its strategic objectives and creating value for its stakeholders.

"Altree Capital's decision to invest in B&B highlights our dedication to advancing sustainable ventures that not only generate financial returns but also create positive social and environmental impact. By supporting B&B, we aim to contribute to the empowerment of local communities, particularly women-led initiatives, while promoting sustainable farming and manufacturing practices. This investment aligns with our overarching goal of driving growth and innovation in sectors that prioritize both profitability and social responsibility. This investment has been facilitated by our collaboration with the US Government via its Prosper Africa program."

Bermuda +1 441 278 7610
UK +44 20 7101 9290
South Africa +27 11 268 5833
Kenya +254 (714) 646 406

Terms and Conditions