National Cement Company Limited

National Cement Company Limited (NCCL), also known as National Cement Company Kenya Limited, is a privately held Kenyan cement manufacturer. The company was established in 2008 and began producing cement in 2010. Its principal manufacturing facilities are located at Athi River in Machakos County, near the Nairobi–Mombasa Road and approximately 39 kilometres southeast of Nairobi. This location places the company close to Kenya’s principal transport corridor and to the country’s largest metropolitan construction market. NCCL is a subsidiary of Devki Group of Companies, a Kenyan industrial and manufacturing conglomerate. Within the group’s broader industrial portfolio, NCCL focuses on cement and related building materials. Its production activities include cement manufacturing and clinker-related operations. Public reference material identifies the company as one of Kenya’s major indigenous cement producers and, in an April 2018 description, as the country’s largest indigenous cement manufacturer by that measure. The company has operated several plants in Kenya and has also developed a regional presence through Simba Cement Uganda Limited, which it owns outright. The Ugandan business is based in Tororo and was described in reference material as having installed annual manufacturing capacity of one million metric tonnes. The Uganda operation gives NCCL exposure beyond its domestic Kenyan market and supports the company’s position within the East African construction-materials supply chain. The company’s geographic relevance is tied to demand from housing, commercial construction, transport infrastructure and other development projects, although detailed current market-share, sales and production figures are not established in the supplied sources. A major turning point came in May 2019, when NCCL signed a binding all-cash offer to acquire the Kenyan assets and subsidiaries of ARM Cement Plc, then in receivership, as a going concern. The proposed transaction was subject to regulatory approval. The stated consideration was US$50 million, with the financing described as comprising internally generated cash together with loans from the International Finance Corporation and Kenya Commercial Bank Group. Reference material associated with the transaction projected that the acquisition would raise NCCL’s annual production capacity to 1.4 million metric tonnes and give it approximately 13 percent of Kenya’s total national cement production. These figures describe the transaction’s announced expectations rather than verified current capacity or market share. NCCL’s brand identity is therefore closely linked to domestic industrial production, broad distribution and the Devki Group’s manufacturing platform. Its principal public-facing offering is cement sold for construction applications, while clinker is an important intermediate product in cement manufacture. The company’s exact current product portfolio, plant configuration, ownership structure and executive leadership are not fully documented in the supplied reference material. It remains a private company rather than a separately listed issuer, and no ticker symbol is identified.

National Cement Company Limited was established in Kenya in 2008 and entered cement production in 2010. Its principal manufacturing base is at Athi River in Machakos County, positioned alongside the Nairobi–Mombasa transport route and within reach of Nairobi. The location provides logistical access to Kenya’s main commercial centre and to distribution routes serving other parts of the country. The company developed as part of Devki Group of Companies, a Kenyan industrial conglomerate with manufacturing interests in Kenya and operations elsewhere in the region. NCCL’s core business is the manufacture of cement and associated materials, including clinker. By April 2018, reference material described it as Kenya’s largest indigenous cement manufacturer and noted that it operated several plants in the country. The description reflects the company’s position at that time; the supplied sources do not establish a current ranking or market share. NCCL also built a regional presence through Simba Cement Uganda Limited, a Ugandan cement business wholly owned by NCCL. The factory is located in Tororo and was described as having installed manufacturing capacity of one million metric tonnes per year. This operation extended the company’s activities beyond Kenya and connected it to the broader East African market. In May 2019, NCCL entered into a binding agreement to make a US$50 million all-cash offer for the Kenyan assets and subsidiaries of ARM Cement Plc, which was in receivership. The transaction was structured as an acquisition of the assets as a going concern and required approval from Kenyan regulators. The announced financing plan combined US$25 million of internally generated cash with loans from the International Finance Corporation and Kenya Commercial Bank Group. Reference material stated that, if completed as announced, the acquisition would increase NCCL’s annual production capacity to 1.4 million metric tonnes and represent roughly 13 percent of Kenya’s national cement production. The available reference material does not provide a complete account of the transaction’s final regulatory outcome, subsequent integration, current capacity, revenue, profitability or leadership. It also does not identify a founder or provide a reliable current list of executives. Accordingly, the documented history is strongest on the company’s formation, Athi River manufacturing base, Ugandan expansion and proposed ARM Cement asset acquisition. NCCL remains described as a private cement manufacturer within Devki Group rather than a separately listed public company.

• 2019

  Offer made for ARM Cement assets

  [1]National Cement Company Limiteden.wikipedia.org

  NCCL signed a binding US$50 million all-cash offer to acquire ARM Cement’s Kenyan assets and subsidiaries, subject to regulatory approval.

• 2018

  Described as Kenya’s largest indigenous cement manufacturer

  [1]National Cement Company Limiteden.wikipedia.org

  Reference material dated April 2018 described NCCL as the largest indigenous cement manufacturer in Kenya and noted its multiple plants and Ugandan subsidiary.

• 2010

  Cement production begins

  [1]National Cement Company Limiteden.wikipedia.org

  The company began cement production after its establishment.

• 2008

  Company established

  [1]National Cement Company Limiteden.wikipedia.org

  National Cement Company Limited was established in Kenya.

A Kenyan indigenous cement manufacturer serving domestic construction demand and selected East African markets through integrated production and regional operations.

• Cement

  National Cement

  The company’s core cement offering associated with its Kenyan manufacturing operations. It serves general construction and infrastructure-related demand, although the supplied sources do not specify a complete grade, packaging or technical specification catalogue.

• Cement

  Simba Cement

  A cement brand associated with NCCL’s Ugandan operations through Simba Cement Uganda Limited. The Tororo factory was described as having installed annual capacity of one million metric tonnes. Detailed product grades and current distribution information are not established in the supplied references.

• Cement intermediate

  Clinker

  Clinker is a core intermediate material used in cement manufacture. The supplied material identifies clinker among NCCL’s products but does not provide a full specification or standalone sales description.

• 2019

  Offer to acquire ARM Cement assetsM&A

  Background

  ARM Cement Plc was in receivership, and NCCL sought to acquire its Kenyan assets and subsidiaries as a going concern.

  Action taken

  NCCL signed a binding all-cash offer valued at US$50 million. The announced financing included US$25 million in internally generated cash and loans from the International Finance Corporation and Kenya Commercial Bank Group.

  Aftermath

  The offer was subject to regulatory approval. The supplied sources do not establish the final completion status or the transaction’s subsequent operating results.

  Announced acquisition consideration. US$50 million offer (May 2019)

  Source

• 2019

  National Cement signs offer for ARM Cement assets[1]National Cement Company Limiteden.wikipedia.org

  M&A · Other

  National Cement signed a binding all-cash offer to acquire the Kenyan assets and subsidiaries of ARM Cement Plc, which was in receivership. The proposed US$50 million transaction required regulatory approval and was expected to expand National Cement’s production capacity.

1. 1National Cement Company Limiteden.wikipedia.org
2. 2National Cement Company Kenya Limitednationalcement.co.ke