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Trusted by
Acquiring Company
Whale Rock Cement
Acquired Company
Ohorongo Cement
Description
Whale Rock Cement has successfully acquired Ohorongo Cement after a decision by industries minister Modestus Amutse. Despite facing a lawsuit claiming overlooked objections, the acquisition aims to protect jobs and keep both factories operational. New conditions will be set to ensure local ownership and job retention.
Fundz sees it the moment Whale Rock Cement makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Ohorongo Cement?
Ohorongo Cement was acquired by Whale Rock Cement, based in Otjiwarongo. The deal was reported on September 24, 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 September 24, 2026. Whale Rock Cement has successfully acquired Ohorongo Cement after a decision by industries minister Modestus Amutse. Despite facing a lawsuit claiming overlooked objections, the acquisition aims to protect jobs and keep both factories operational. 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.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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