LafargeHolcim East Africa Limited is set to hold its final members’ meeting later this month as the company moves to formally conclude its voluntary liquidation, marking the end of the Swiss cement giant’s presence in Kenya after nearly six decades.
- •Globally, Holcim has been pursuing asset sales and exits in non-core markets as part of a strategy to optimise capital allocation and focus on higher-growth regions.
- •The liquidation follows LafargeHolcim’s divestment of its 58.6% in Bamburi Cement to Tanzania’s Amsons Group, a transaction announced in December 2024 and completed earlier this year.
- • In Africa, this has included the sale of its 83.81% stake in Nigeria’s Lafarge Africa Plc to China’s Huaxin Cement for about $1 billion, completed in August 2025.
The January 26 virtual meeting will allow members to review the final statement of accounts, detailing how the liquidation has been conducted and how the company’s assets have been disposed of, before the process is formally closed.
The exit comes amid intensifying consolidation in the East African cement sector, as multinational producers streamline regional footprints in response to rising production costs, weaker construction demand in some markets, and margin pressure from imports and overcapacity.
LafargeHolcim East Africa, registered under Company No. C.89509, entered members’ voluntary liquidation late last year following shareholder resolutions. Upon completion of the final meeting and statutory filings, the company is expected to be formally dissolved in line with Kenyan insolvency law.
