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Originally published by The Kenyan Wall Street
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business
September 22, 2025
2h ago

LafargeHolcim Winds Up Kenyan Unit After Bamburi Cement Sale

LafargeHolcim Winds Up Kenyan Unit After Bamburi Cement Sale

LafargeHolcim East Africa Limited has entered voluntary liquidation after selling its 58.6% stake in Bamburi Cement...

✨ Key Highlights

After nearly six decades, cement giant LafargeHolcim East Africa Limited has entered voluntary liquidation, formally ending its presence in Kenya. This follows the company's sale of its majority stake in Bamburi Cement to Tanzania's Amsons Group.

  • Shareholders passed the resolution on September 16, 2025, appointing Harbeen Gadhoke of Adili Associates LLP as liquidator.
  • The divestment of LafargeHolcim’s 58.6% stake in Bamburi Cement was announced in December 2024.
  • This liquidation is part of LafargeHolcim's global strategy to exit non-core regions, including a recent USD 1 billion sale of its 83.81% stake in Nigeria’s Lafarge Africa PLC to Huaxin Cement.

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