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Whale Rock Cement to acquire Ohorongo Cement

PRIVATEJul 04, 2026

Acquiring Company

Whale Rock Cement

Acquired Company

Ohorongo Cement

OtjiwarongoKhomasManufacturingMiningConstructionBuilding MaterialManufacturingConstructionBuilding Material

Description

Whale Rock Cement has received approval for its acquisition of Ohorongo Cement, ending plans for layoffs at Cheetah Cement. The merger aims to consolidate operations and improve financial viability in the Namibian cement market, which has faced challenges due to export restrictions. The acquisition will allow for enhanced production capacity, while ensuring no job losses occur. The merger will also be monitored for potential monopolistic practices.

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Company Information

Company

Whale Rock Cement

Location

Otjiwarongo, Otjozondjupa, Namibia

About

Whale Rock Cement operates Namibia's second cement plant and produces Cheetah Cement. The company is Chinese-owned and is seeking to acquire Schwenk Namibia. Its operations are critical in the local cement market. Whale Rock aims to expand its influence within the cement industry in Namibia.

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Frequently asked

Who acquired Ohorongo Cement?

Ohorongo Cement was acquired by Whale Rock Cement, based in Otjiwarongo. The deal was reported on July 4, 2026. Whale Rock Cement operates Namibia's second cement plant and produces Cheetah Cement. The company is Chinese-owned and is seeking to acquire Schwenk Namibia. Its operations are critical in the local cement market. Whale Rock Cement is privately held and operates in Manufacturing.

When did Whale Rock Cement acquire Ohorongo Cement?

Whale Rock Cement's acquisition of Ohorongo Cement was reported on July 4, 2026. Whale Rock Cement has received approval for its acquisition of Ohorongo Cement, ending plans for layoffs at Cheetah Cement. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ohorongo Cement do?

Ohorongo Cement is a leading cement manufacturing company in Namibia owned by Schwenk Namibia (Pty) Ltd. The company plays a crucial role in the construction sector. Ohorongo Cement is involved in significant local infrastructure projects. It is privately held, operating in Manufacturing, and is based in Khomas.

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