◂ Announcements

Aug 28, 2024ACQUISITIONKenya

Savannah Clinker outbids Amsons Group to acquire Bamburi Cement

Savannah Clinker Ltd announced a bid of TZS25.4 billion (US$9.36 million) for up to 100% of Bamburi Cement, outbidding Amsons Group's previous offer of TZS23 billion.

Value

$9.36M

Status

Announced

Productscement

CompaniesHolcim partner Bamburi Cement target Savannah Clinker Limited acquirer Amsons Group partner

Sectors#Construction Materials

“Savannah Clinker Ltd (SCL), a Kenya-based construction materials company, has outbid Amsons Group to acquire full ownership of Bamburi Cement.”cemnet.com

1 source
cemnet.comSavannah Clinker Ltd outbids Amsons Group to acquire Bamburi CementICR NewsroomAug 29, 2024

Summarized from public sources; check the original articles before acting on it.

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Savannah Clinker outbids Amsons Group to acquire Bamburi Cement · Endata