# 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.

- Type: Acquisition
- Announced: 2024-08-28
- Where: Kenya
- Value: $9.36M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md) (partner)
- [Bamburi Cement](https://endata.com/companies/15561.md) (target)
- [Savannah Clinker Limited](https://endata.com/companies/66997.md) (acquirer)
- [Amsons Group](https://endata.com/companies/73773.md) (partner)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/177649/savannah-clinker-ltd-outbids-amsons-group-to-acquire-bamburi-cement.html), 2024-08-29: "Savannah Clinker Ltd (SCL), a Kenya-based construction materials company, has outbid Amsons Group to acquire full ownership of Bamburi Cement."

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