×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Bamburi's major shareholders agree to sell to Tanzania bidder

Vocalize Pre-Player Loader

Audio By Vocalize

Bamburi Cement Ltd Trucks collects cement from a storage facility in Industrial area, Nairobi. [Stafford Ondego, Standard]

A Tanzanian conglomerate that has bid to acquire Bamburi Cement has received backing from the major shareholders of the Kenyan cement firm.

Holcim, the Swiss-based global building material and aggregates company, has agreed to sell its entire stake in Bamburi Cement to Tanzania's Amsons Industries.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Enterprise
How US state-level pacts seek to unlock US-Kenya trade
Business
Inflation jumps to 6.6pc as cost-of-living crisis deepens ahead of 2027 polls
Enterprise
Fintech surpasses Sh20b in cross-border transfers as demand for faster digital payments surges
Enterprise
Project managers face pressure to build business, leadership skills