Whale Rock Cement plans to acquire Schwenk Namibia (Ohorongo Cement)

Whale Rock Cement (Cheetah Cement) plans to acquire 100% of Schwenk Namibia (Ohorongo Cement) from Schwenk Zement International. The Namibian Competition Commission is reviewing the deal, which would create a monopoly in the Namibian cement market.

“This particular acquisition is a horizontal merger and this means there will be a complete removal of the competitor leaving only one option in the Namibian market.”namibian.com.na

• 1 source
• namibian.com.naSpotlight on Cheetah Cement's planned acquisition of Ohorongo Cement - The NamibianShania LazarusJun 5, 2025

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