Cement News tagged under: Savannah Clinker

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Bamburi Cement is being fiercely fought over

08 November 2024, Published under Cement News

Holcim's divestments in East Africa are resulting in a scramble to win shareholder approval for a successful bid to acquire its Kenyan subsidiary Bamburi Cement. Amsons Group and Savannah Clinker are in a head-to-head battle to secure the Kenyan operations and increase its foothold in East African cement production. Holcim has a 58.6 per cent majority shareholding in Bamburi Cement so they, and the other shareholders, will have to consider both bids to decide the plant's future. Amsons Gr...