Acquiring Company
Government of Uganda
Acquired Company
Umeme Company Limited
KampalaKampalaNon ProfitGovernmentEnergyRenewable EnergyDescription
The Government of Uganda has successfully completed a buyout of Umeme Company Limited, borrowing US$118.39 million for the transaction. This amount was significantly lower than the initially authorized borrowing limit. The reduced financial outlay leaves the government exposed to future financial obligations related to the buyout.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Umeme Company Limited?
Umeme Company Limited was acquired by Government of Uganda, based in Kampala. The deal was reported on August 28, 2026. The Government of Uganda is the executive branch of the country, responsible for the administration of the nation's laws and public policy. It oversees economic development and public finance. Government of Uganda is privately held and operates in Non Profit.
When did Government of Uganda acquire Umeme Company Limited?
Government of Uganda's acquisition of Umeme Company Limited was reported on August 28, 2026. The Government of Uganda has successfully completed a buyout of Umeme Company Limited, borrowing US$118.39 million for the transaction. This amount was significantly lower than the initially authorized borrowing limit. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Umeme Company Limited do?
Umeme Company Limited is the largest electricity distribution company in Uganda, serving millions of consumers. It was formed to enhance efficiency in electric supply and distribution. It is privately held, operating in Energy, and is based in Kampala.
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