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Originally published by Capital Businessbusiness
November 12, 2025
2h ago
Kalahari Cement acquires 29.2pc stake in East African Portland Cement

NAIROBI, Kenya, Nov 12 - Kalahari Cement, a subsidiary of Tanzania’s Amsons Group, has completed the acquisition of a 29.2 percent stake in East African Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kalahari Cement, a subsidiary of Tanzania’s Amsons Group, has finalized the acquisition of a 29.2 percent stake in East African Portland Cement (EAPC). This significant cross-border deal, completed on November 4, 2025, aims to revitalize EAPC's production capacity and market competitiveness.
- The acquisition involved 26.3 million shares at Sh27.30 per share.
- Amsons Group Managing Director Edha Nahdi stated Kalahari Cement will inject new capital and technical expertise.
- The Capital Markets Authority (CMA) approved the transaction as a private acquisition and granted Kalahari Cement an exemption from a mandatory takeover offer.
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