Bamburi Cement's shareholders have approved a KSh23.2 billion (about Tsh459 billion) sale of the firm to Amsons Industries (K ...

Tanzania's Amsons Group has acquired 96% of Bamburi Cement, one of Kenya’s largest cement manufacturers, in a landmark deal ...

Amsons Group, a leading pan-African manufacturing and energy conglomerate, has closed the takeover offer of Bamburi Cement ...

The cement firm accounted for 95 percent of the NSE’s turnover of Sh170.91 billion, and 78 percent of the 174.6 million ...

Tanzania’s Amsons Group has initiated a KES 23.5 billion buyout deal of Bamburi Cement, acquiring an initial batch of the ...

The total shares transferred so far are therefore valued at Sh22.74 billion as per the buyout price of Sh65 per share.

“This acquisition aligns with our strategy to expand into specialized cement manufacturing and complements our broader growth objectives. With Bamburi Cement now part of the Amsons family, we ...

The acquisition, approved by 96.54% of Bamburi shareholders, marks Amsons Group’s formal entry into Kenya’s market. Managing Director Edha Nahdi pledged to expand into sectors like energy, food ...

Amsons Industries (K) Ltd, owned by Tanzanian businessman Edhah Abdallah, will now control 96.4% of Bamburi's 362.96 million shares This came after Bamburi's shareholders transferred an extra 212.73 ...