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Tanzania firm now eyes other sectors after Bamburi acquisition

Amsons Group Managing Director Edha Nahdi. [Courtesy]

Amson Group has announced plans to diversify its operations beyond cement in Kenya after completing its acquisition of Bamburi Cement Plc.

Amsons Industries (K) Ltd, the Kenyan subsidiary of Tanzania's Amsons Group, reported securing 96.54 per cent acceptance from Bamburi shareholders for the $180 million (Sh23. billion) deal.

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