# AMSONS Group receives COMESA approval to acquire Bamburi Cement

Tanzania's AMSONS Group received regulatory approval from the COMESA Competition Commission for its proposed acquisition of up to 100% of Bamburi Cement for $180 million (KES23.3 billion). The commission determined the merger does not pose a competition risk.

- Type: Acquisition
- Announced: 2024-11-14
- Where: Kenya
- Value: $180.0M
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Bamburi Cement](https://endata.com/companies/15561.md) (target)
- [Amsons Group](https://endata.com/companies/73773.md) (acquirer)

## Sources

- [theexchange.africa](https://theexchange.africa/amsons-group-bamburi-cement/), 2024-11-14: "It is unlikely that the proposed merger will lead to the creation of a dominant position that would enable the parties to engage in unilateral conduct in the market."
- [globalcement.com](https://globalcement.com/news/18755-amsons-group-s-takeover-of-bamburi-cement-approved), 2024-11-22: "Amsons Group, a Tanzanian business conglomerate with interests in power, construction, cement and concrete, has received regulatory approval from Common Market for Eastern and Southern Africa’s (Comesa) Competition Commission for its proposed acquisition of up to 100% 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.