Kenya’s Savannah Heights takes full control of Savannah Cement

Full control of Kenya-based Savannah Cement has been taken over by Savannah Heights after it bought out the 60% majority stake of Seruji. The acquisition has been approved by the Competition Authrority of Kenya (CAK). Mauritius-based Seruji is wholly-owned by Benson Ndeta, the chairman of Savannah Cement, and the takeover effectively makes him Savannah Cement's majority shareholder.
April 1, 2015 Read time: 1 min

Full control of Kenya-based 7845 Savannah Cement has been taken over by Savannah Heights after it bought out the 60% majority stake of Seruji.

The acquisition has been approved by the Competition Authrority of Kenya (CAK).

Mauritius-based Seruji is wholly-owned by Benson Ndeta, the chairman of Savannah Cement, and the takeover effectively makes him Savannah Cement's majority shareholder.

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Kenya’s Savannah Cement confirms plans for East African expansion

As part of a regional integration support project, Kenyan manufacturer Savannah Cement confirmed ongoing plans for its East African expansion.

According to the company, local dealers will be appointed in Burundi and Rwanda to raise the availability of products in both countries, while dealers have been appointed in Arusha and Mwanza in Tanzania to cater for inland cement demand.

In addition, Savannah Cement also plans to build a clinker manufacturing facility, commission a second grinding unit and has

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