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Originally published by Citizen Digital
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October 3, 2025
1h ago

Competition Authority backs acquisition of East Africa Portland Cement stake by Kalahari holdings

Competition Authority backs acquisition of East Africa Portland Cement stake by Kalahari holdings

Appearing before the National Assembly’s Trade and Investment Committee, Joel Omari, Director of Competition and Consumer Protection, clarified that the deal does not amount to an acquisition of contr.....

✨ Key Highlights

The Competition Authority of Kenya (CAK) has approved Kalahari Holdings' acquisition of Holcim's 41.7% stake in East African Portland Cement Company (EAPCC), stating the deal does not alter company control. Despite this, lawmakers voiced concerns regarding potential job losses and market impact.

  • The acquisition involves 41.7% of East African Portland Cement Company (EAPCC) shares.
  • Joel Omari, Director of Competition and Consumer Protection at CAK, confirmed the transaction does not constitute a merger or change of control.
  • Aldai MP Mary Anne Keitany and Taveta MP John Bwire raised concerns about job security and the need for a comprehensive market share analysis in Kenya's cement industry.

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