Competition Authority of KenyaDeterminationTrade and industry
CAK DECISION ON THE PROPOSED ESTABLISHMENT OF A JOINT VENTURE BETWEEN AMSTEL TRADING COMPANY LIMITED AND KINGSBOURNE ASSETS LIMITED
5 Aug 2024CAK competition determinations
The brief
determination
- Issued by
- Competition Authority of Kenya
- Who it affects
- the proposed establishment of a joint venture between Amstel Trading Company Limited and Kingsbourne Assets Limited
- What changed
- The Competition Authority of Kenya has approved establishment of a joint venture between Amstel Trading Company Limited and Kingsbourne Assets Limited unconditionally.
- Amounts
- KES 49,300,000,000.00 — the value of imported paper into the Kenyan market
- KES 1,000,000,000.00 — combined turnover or assets threshold requiring approval from the Authority prior to implementing the proposed transaction