Dawa Limited Acquires Kel Chemicals Ltd
As the drug manufacturer seeks to penetrate the fertilizer market, Dawa Limited, which is part of the Dawa Group, has expanded its paddle to acquire Kel Chemicals targeting the fast growing chemicals industry. Kel Chemicals, founded in 1977, is the oldest and largest manufacturer both in East and Central Africa of single Superphosphate fertilizer and sulphuric acid, and is intended to enable the conglomerate diversify into the expanding market. The company also manufactures aluminium sulphate.
The group Managing Director, Ajay Patel, is a graduate of University of Wisconsin, and a fierce business man running big projects in Thika, where he was born and brought up. The doctor is now seeking to accomplish the strategy of expanding their manufacturing capacity while spreading their tentacles to a number of markets in Africa. Under his leadership, the group is set to experience phenomenal growth.
Dawa Group is further set to broaden its portfolio with a modern veterinary plant in Thika. Its business interests span across healthcare and real estate, with flagship projects like Casaurina Heights and Temple View Apartments on Forest road, Albizzia Downs Estate and the Ananas Mall, the first ever in Thika. With a state-of-the-art pharmaceutical manufacturing facility in Nairobi, and over 500 employees, it is a signal that things are looking up.
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