# Simba Cement acquires Cemtech Company, approved by CAK

The Competition Authority of Kenya approved the acquisition of Cemtech Company by Simba Cement Company, a subsidiary of Devki Group.

- Type: Acquisition
- Announced: 2019-03-21
- Where: Kenya
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Devki Group](https://endata.com/companies/15152.md) (partner)
- [Simba Cement](https://endata.com/companies/31774.md) (acquirer)
- [Cemtech Limited](https://endata.com/companies/38127.md) (target)

## Sources

- [standardmedia.co.ke](https://www.standardmedia.co.ke/news/article/2001317520/competition-agency-gives-nod-to-cement-companies-merger), 2019-03-21: "The Competition Authority of Kenya (CAK) has approved the acquisition of Cemtech Company by Simba Cement Company"

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