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Industrial and Commercial Development Corporation (ICDC) is a Kenyan government-owned development finance institution.. ICDC is a government parastatal, whose primary objective is to facilitate the investment by Kenyans in the economy of the country, while simultaneously providing financing to Kenyan businesses and manufacturers, thus growing the local economy. [1]
Energy equipment Nairobi: 1946 Equipment supplier for water and energy Dawa Limited: Healthcare Pharmaceuticals Nairobi: 1974 Pharmaceutical Company Del Monte Kenya: Consumer goods Food products Thika: 1965 Pineapple cultivation, part of Fresh Del Monte Produce (US) Development Bank of Kenya: Financials Banks Nairobi: 1963 Commercial bank ...
However, BOC Kenya did not receive the 80 percent acceptance threshold from Carbacid shareholders, managing only 71 percent. This led to a dispute between BOC Kenya and the Capital Markets Authority. Both the BOC Kenya and Carbacid stocks remained suspended from trading on the NSE from 2005 until 2009 when the hostile takeover offer had lapsed. [7]
Bidco Africa has manufacturing factories in Kenya, Tanzania and Uganda with over 40 brands distributed across 17 African countries.. In April 2015, Bidco Africa announced plans to quadruple business volume before 2020, by building new manufacturing factories in Mozambique, Madagascar and Ethiopia in addition to existing operations in Kenya, Tanzania, Rwanda and Uganda. [4]
In December 2021, the Sarrai Group controversially [6] won a tender to lease Mumias Sugar Company Limited in neighboring Kenya. However, the announcement of the lease award was successfully challenged in Kenya High Court leading to immediate suspension of the lease on December 29, 2021, by Justice Kenneth Ndung'u of Nairobi High Court.
HACO was founded by industrialist Chris Kirubi in 1974. [1] In 2008, Tiger Brands, the South African home products conglomerate acquired a 51 percent controlling interest in the company, [7] [8] for an estimated KSh363 million (approx. US$3.63 million).
The SoftBank-backed glassmaker View filed for bankruptcy in April, three years after its SPAC merger. CEO Rao Mulpuri has stepped down from View, which was taken private by two investors.
Johnson & Johnson Vision (JJV) is a subsidiary of Johnson & Johnson and is composed of two divisions, Johnson & Johnson Surgical Vision and Johnson & Johnson Vision Care (Contact Lens). [1] Services include Intraocular lenses , laser vision correction systems, phacoemulsification systems, viscoelastic , Microkeratomes and related products used ...