# Namibia minister approves Whale Rock Cement's acquisition of Schwenk Namibia

Namibia's mines minister overturned a competition commission block and approved Whale Rock Cement's acquisition of Schwenk Namibia, which holds a 69.83% stake in Ohorongo Cement. Conditions include no job losses and continued operation of the Cheetah Cement plant.

- Type: Acquisition
- Announced: 2026-07-06
- Where: Namibia
- Status: completed
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Whale Rock Cement](https://endata.com/companies/15760.md) (acquirer)
- [Schwenk Namibia](https://endata.com/companies/15761.md) (target)
- [Ohorongo Cement](https://endata.com/companies/15762.md) (target)

## Sources

- [marketwatch.com.na](http://marketwatch.com.na/market-watch/whale-rock-schwenk-merger-approved-nmh013133-3015-16164), 2026-11-04: "Whale Rock later said it was considering shutting Cheetah Cement down altogether, citing sustained losses and threatening 87 job cuts."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.