Kenya: A group of four flour mill owners and associates has acquired Savannah Cement for US$29.4m, according to local press. The producer had been under administration for two years after it owed lenders KSB and Absa Bank debts of US$108m. The Competition Authority of Kenya approved the deal on 25 August 2025 without conditions, saying it posed no competition or public interest concerns.
Savannah Cement acquired for US$29.4m
URL: https://www.globalcement.com/news/item/19172-savannah-cement-acquired-for-us-29-4m
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