Acquiring Company
Amsons Group
Acquired Company
Bamburi Cement Plc
Tanzania
NairobiManufacturingMiningConstructionBuilding MaterialManufacturingMiningConstructionDescription
Amsons Group has successfully acquired Bamburi Cement in a deal valued at $180 million, solidifying its position in Kenya's cement industry. The acquisition gives Amsons control of over 96% of Bamburi's shares following the closure of the takeover. This move reflects a growing trend of cross-border investments between Tanzania and Kenya focused on infrastructure development.
Quick answer
Amsons Group is acquiring Bamburi Cement Plc for $180 million, announced May 6, 2026. Amsons Group is based in Tanzania.
- How much did Amsons Group pay for Bamburi Cement Plc?
- The reported deal value is $180 million.
- What does Amsons Group do?
- Amsons Group is a Tanzanian investment company involved in various sectors including construction and cement production.
- Where are Amsons Group and Bamburi Cement Plc based?
- Amsons Group is based in Tanzania. Bamburi Cement Plc is based in Nairobi, Nairobi County, Kenya.
Source: Fundz verified event record.
Other recent acquisitions in Mining and Construction
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Nippon Steel acquires Sanyo Special Steel Corp. (May 13, 2026)
- Titan America acquires Keystone Cement Company (May 4, 2026)
- Holcim acquires Xella with EU approval (June 14, 2026)
- Apogee Enterprises Acquires Keller Companies in Strategic Merger (May 27, 2026)
- GMS acquires Peridot Supply for growth (May 15, 2026)
- Ambuja Cements completes merger with Penna Cement (April 11, 2026)
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Frequently asked
Who acquired Bamburi Cement Plc?
Bamburi Cement Plc was acquired by Amsons Group, based in Tanzania. The deal was reported on May 6, 2026. Amsons Group is a Tanzanian investment company involved in various sectors including construction and cement production. The company has successfully acquired a majority stake in Bamburi Cement. Amsons Group is privately held and operates in Manufacturing.
When did Amsons Group acquire Bamburi Cement Plc?
Amsons Group's acquisition of Bamburi Cement Plc was reported on May 6, 2026. Amsons Group has successfully acquired Bamburi Cement in a deal valued at $180 million, solidifying its position in Kenya's cement industry. The acquisition gives Amsons control of over 96% of Bamburi's shares following the closure of the takeover. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bamburi Cement Plc do?
Bamburi Cement Plc is a leading cement company in Kenya, known for its significant market share in the construction industry. The firm plays a vital role in the country’s infrastructure development with its extensive product offerings. It is privately held, operating in Manufacturing, and is based in Nairobi.
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