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Bamburi Cement was founded in 1951 by Felix Mandl [4] as a partnership between Cementia Holding and Blue Circle in British Kenya. production from its Mombasa plant in 1954. In 1998, Bamburi opened a clinker grinding plant in [ 2 ]
In July 2024, Amsons Group made an offer of TSh475 billion (US$180 million) to acquire all the shareholding in Bamburi Cement in neighboring Kenya. The transaction is gubject to regulatory approval in Kenya.
Mombasa Cement Limited is a large cement manufacturer in Eastern Africa.As of March 2016, MCL was the second-largest producer of cement in Kenya, with a 15.8 percent market share, behind market leader Bamburi Cement with a 32.6 percent market share, but ahead of third-placed East African Portland Cement Company, with 15.1 percent market share.
Bauchi-Gwana Cement, Alkaeri L.G.A. Bauchi (subsidiary of Cretent Intl) BUA Cement, Obu, Okpella, Edo State Former Edo cement, near Benin City. BUA Cement, Kalambaina Sokoto State. Commissioned July 2018; Cement Company of Northern Nigeria, also known as Sokoto Cement, with 6 offices in northern states [36] Dangote Cement [37]
Felix Mandl found a location 12 km (7.5 mi) north of Mombasa. Over the years cement production grew from 1.2 million tons to 25 million tons. The area soon became inhospitable arid wasteland with brackish water. The Bamburi Cement company decided to rehabilitate the quarries which seemed to be an impossible task. No plants had been able to ...
In November 2023, the Sarrai Group signed binding documentation to buy the 70 percent of Hima Cement Limited that Holcim held in the cement maker, through several subsidiaries including Bamburi Cement of Kenya. The purchase price is reported as US$84 million. The deal required regulatory approval in Switzerland, Kenya, Uganda and COMESA.
Marketshare Rankings of Kenya's Cement Companies Rank Company Market share 1: Bamburi Cement Limited: 32.6 2: Mombasa Cement Ltd (MCL) 15.8 3: East Africa Portland Cement Company: 15.1 4: Savannah Cement Limited: 15.0 5: ARM Cement Limited: 13.5 6: National Cement Company Limited: 08.0 Total: 100.00
Cementia Holdings, Associated International Cement and Bamburi Cement are all direct or indirect subsidiaries of Lafarge SA. Giving Lafarge 41.7% of EAPCC. While the Government of Kenya claims to controls NSSF's stake, giving the Government 52.3% control of the firm. [10] This ownership structure has led to boardroom wars on who controls the ...