Eveready East Africa
| Company type | Batteries |
|---|---|
| Website | Homepage |
Eveready East Africa is a Kenyan manufacturer and marketer of
Overview
Eveready East Africa is an affiliate of the American
History
Eveready East Africa was founded on 6 March 1967 as Union Carbide Kenya Limited, a subsidiary of
The firm's name was changed to Eveready Batteries Kenya Limited on 24 October 1986. Sameer Group acquired a majority stake in the company in 1988 through its wholly owned subsidiary East Africa Batteries.[5]
2004 saw the company diversify into other consumer products, under the Schick brand, following the acquisition of Schick-Wilkinson Sword by Energizer Holdings. In the same year, the company name was changed to its current name of Eveready East Africa.[5]
The shares of Eveready East Africa were listed on the Nairobi Securities Exchange in 2006 through an initial public offering, which was over subscribed by 733%.[6]
Member companies
Other than battery manufacturing, Eveready East Africa has invested in real estate through its wholly owned subsidiary, Flamingo Properties. Flamingo Properties is based in Kenya, and in turn has a subsidiary, Flamingo Properties Uganda Limited, which is domiciled in Kampala, Uganda.[7]
The
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | East Africa Batteries Limited | 58.64 |
| 2 | Industrial & Commercial Development Corporation | 29.22 |
| 3 | Other | 12.14 |
| Total | 100.00 |
References
- ^ "Eveready East Africa 2013 Annual Report" (PDF). Eveready East Africa. Retrieved 2016-10-21.
- ^ "Profile: Eveready East Africa". Reuters. Retrieved 2016-10-21.
- ^ "About Us". Eveready East Africa. Retrieved 2016-10-23.
- ^ "NSE - Listed companies". Nairobi Securities Exchange. Archived from the original on 2020-09-28. Retrieved 2015-12-31.
- ^ a b c "Eveready East Africa IPO prospectus" (PDF). Eveready East Africa. 13 November 2006. Retrieved 2016-10-26.
- ^ "CMA 2007 Annual report". 2007-06-30. Retrieved 2016-11-02.
- ^ a b "EEA 2015 Annual Report" (PDF). Capital Markets Authority. 2015-09-30. Retrieved 2016-11-02.