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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 ]
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
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.
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 requires regulatory approval in Switzerland, Kenya, Uganda and COMESA. [3] [4 ...
Bamburi Cement; E. East African Portland Cement Company; M. Mombasa Cement Limited; N. National Cement Company Limited This page was last edited on 10 October 2019 ...
This includes Sam Altman, CEO of OpenAI, who will have 9.1% voting power after the Reddit IPO, while his shares (789,456 Class A and 11.4 million Class B) could be valued at $413.4 million if ...
Name Industry Sector Headquarters Founded Notes Status 98.4 Capital FM: Consumer services Broadcasting & entertainment Nairobi: 1996 Radio P A ABC Bank: Financials Banks Nairobi: 1981 Commercial bank P A ALS – Aircraft Leasing Services: Consumer services Airlines Nairobi: 1985 Regional airline P A ARM Cement Limited: Industrials Building ...
He also maintains significant shareholding in Barclays Bank Kenya, Bamburi Cement, Carbacid Investments, Diamond Trust Bank Group, and Safaricom. In July 2013, his holding in NSE-listed companies was valued at KSh2.4 billion (approx. US$27.5 million). [2]