LafargeHolcim East Africa Limited is preparing to hold its final members’ meeting later this month, signalling the near completion of its voluntary liquidation and bringing to a close the Swiss cement group’s almost 60-year chapter in Kenya.
The move follows Holcim’s broader global strategy of divesting from non-core markets to sharpen capital deployment and concentrate on regions offering stronger growth prospects.
Locally, the liquidation comes after LafargeHolcim sold its 58.6 per cent stake in Bamburi Cement to Tanzania’s Amsons Group. The deal was announced in December 2024 and finalised earlier this year. Across Africa, the group has also exited Nigeria, completing the sale of its 83.81 per cent holding in Lafarge Africa Plc to China’s Huaxin Cement for about US$1 billion in August 2025.
A virtual meeting scheduled for January 26 will allow shareholders to consider the final statement of accounts, outlining how the liquidation was carried out and how the company’s remaining assets were distributed, before the process is formally wrapped up.
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The exit underscores a wider wave of consolidation across East Africa’s cement industry, as multinational producers rationalise their regional operations amid rising input costs, uneven construction demand, and sustained margin pressure from imports and excess capacity.
LafargeHolcim East Africa, registered under Company No. C.89509, entered members’ voluntary liquidation late last year following shareholder approvals. Once the final meeting is concluded and statutory filings completed, the company is expected to be formally dissolved in accordance with Kenya’s insolvency laws.
