Kenya’s Savannah Heights takes full control of Savannah Cement

Full control of Kenya-based Savannah Cement has been taken over by Savannah Heights after it bought out the 60% majority stake of Seruji. The acquisition has been approved by the Competition Authrority of Kenya (CAK). Mauritius-based Seruji is wholly-owned by Benson Ndeta, the chairman of Savannah Cement, and the takeover effectively makes him Savannah Cement's majority shareholder.
Quarry Products / April 1, 2015

Full control of Kenya-based 7845 Savannah Cement has been taken over by Savannah Heights after it bought out the 60% majority stake of Seruji.

The acquisition has been approved by the Competition Authrority of Kenya (CAK).

Mauritius-based Seruji is wholly-owned by Benson Ndeta, the chairman of Savannah Cement, and the takeover effectively makes him Savannah Cement's majority shareholder.

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Savannah Cement
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