Lato Milk is a well-known dairy brand in East Africa, producing high-quality milk products such as milk powder, liquid milk, yoghurt, flavored milk, butter, butter oil, and ghee.
The company was established in 2009 in Mbarara, Uganda, and has since expanded to other countries in the region such as Kenya, Tanzania, DRC Congo, and Burundi.
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In this article, we will explore the history and growth of Lato Milk, its products, and ownership.
History and Growth
Lato Milk was established in 2009 in Mbarara, Uganda, and started producing whole milk powder and skimmed milk powder four years later.
In 2014, the company launched Lato Instant full cream milk powder, which retails in 900gm, 400gm Tins, and 15gm sachets. A year later, Lato Milk went international, selling its products in Egypt, Kenya, Tanzania, and DRC Congo.
In 2016, the company opened a liquid milk processing unit and introduced its liquid milk product the following year. Later in 2018, Lato Milk launched Lato Butter, available in 250gm and 500gm packs in salted and unsalted variants.
In the same year, the company introduced Lato Help Pack in Uganda to finance corrective surgeries for children living with disabilities and signed an official agreement with Warner Brothers to obtain the rights of their famous Tom and Jerry franchise.
Lato Flavored Milk in Strawberry, Vanilla, and Chocolate variants was introduced later in 2018, and the company started operations in Burundi.
After government officials in Kenya complained about the dairy sector being monopolized by one player, Lato Milk was permitted to invest in local dairy factories in Kenya. This led to their return to the Kenyan market.
Recently, Trade and Investments Cabinet Secretary Moses Kuria had a meeting with Uganda’s Treasury Permanent Secretary Ramadan Ggoobi, where they agreed to work together to enhance the dairy sectors of their respective countries.
Lato Milk partnered with the Kenya Development Corporation (KDC), a state-owned financier, to form a joint venture and invest in dairy ventures.
Products
Lato Milk produces a wide range of high-quality dairy products, including milk powder, liquid milk, yoghurt, flavored milk, butter, butter oil, and ghee. Lato Instant full cream milk powder is a popular product that comes in 900gm, 400gm Tins, and 15gm sachets.
The company’s liquid milk product is made from pure, fresh milk and is available in various pack sizes. Lato Butter, available in 250gm and 500gm packs, is made from high-quality cream and comes in salted and unsalted variants.
Lato Flavored Milk in Strawberry, Vanilla, and Chocolate variants is a perfect treat for those looking for a delicious and nutritious drink.
Ownership
Lato Milk is a product of Pearl Dairy Farms, whose parent company is Midland Group. Midland Group is owned by the families of tycoons Bhasker Kotecha (50.5 percent) and Anand Kapoor (49.5 percent) according to disclosures by the International Finance Corporation (IFC).
The ownership of the company is unknown to many, especially because it is originally from a different country. However, the company has established itself as one of the leading dairy brands in East Africa, known for its high-quality dairy products.
