Tanzanian manufacturing and energy company , Amsons Group has gotten approval from Kenya’s mining ministry to unconditionally acquire Bamburi Cement In 2023 through its kenyan subsidiary AMSONS industries , the CEO Edha Nahdi welcomed the commissions decisions calling it a significant endorsement of the group in kenya.
The conglomerate, through its Kenyan subsidiary Amsons Industries Kenya, made a Ksh.23.9 billion offer in July to buy a 100 per cent stake in the listed cement manufacturer.
“Securing all the regulatory approvals is a strong vote of confidence in our unwavering commitment to this transaction,” Amsons Group CEO Edha Nahdi said.