March 11, 2011 [Bloomberg] - Louis Dreyfus Commodities Group’s Kenyan unit bought Gulf Stream Investments Ltd., a vegetable-oil storage company in the port of Mombasa, as part of a plan to expand its operations in Africa, the company said.
Louis Dreyfus plans to build more storage tanks for vegetable oil amid increasing demand for the cooking ingredient across East Africa, the company said in a statement published in the Nairobi-based Daily Nation newspaper today.