Kalambaina Cement Company

BUA Cement merged its subsidiary Kalambaina Cement with publicly traded Cement Company of Nigeria (CCNN), after receiving approval from the Nigerian SEC and Federal High Court.

A Federal High Court in Lagos sanctioned the merger between Cement Company of Northern Nigeria and BUA Group's Kalambaina Cement Company, creating an entity with 2 million MTPA capacity.

BUA Group's Kalambaina Cement Co received shareholder approval for a merger with Cement Company of Northern Nigeria (CCNN). The deal awaits final regulatory approval and will give CCNN a total installed capacity of 2Mta.

Cement Company of Northern Nigeria (CCNN) Plc received pre-merger approvals from the Securities and Exchange Commission and the Nigerian Stock Exchange for its planned merger with Kalambaina Cement Company Limited, a subsidiary of BUA Group, where Kalambaina's assets will be taken over by CCNN in exchange for shares.