Company Database

SAMEER GROUP

Address

Sameer Investments ltd, 49 Riverside Drive, Nairobi, Kenya.

website

http://www.sameer-group.com

about this company

Vision/Mission

Sameer Group’s vision is to manage and integrate investment opportunities in Africa with the larger world economy. We want to take the African continent into the future as a major economic player by tapping the immense potential that lies within its people and natural resources. We want to be fully regional by 2017 and international by 2022.

Business Description

• Sameer Group is a leading economic force in East Africa. We have over 30 years experience in Kenya’s industrial and economic development.
• We employ over 30,000 people both directly and indirectly.
• We are proactive in the development of Africa.
• We are improving the key infrastructure of the region by building better roads, better communication networks, and empowering the communities around our agricultural facilities to better themselves. We build schools and hospitals for future generations to prosper from.
• The Sameer Group is involved in a diverse range of business interests and is unified by a shared vision of Africa’s progress with a dynamic culture that keeps us at par with international corporations and practices.
• The Sameer Group has formed strong bonds with some of the world’s leading names and brands in relation to the various sectors of the economy we are involved in.
• The Sameer Group is perfectly placed, through our understanding of the workings of the people and the government, to combine our expertise with that of all those who wish to profitably invest in Africa’s bright future.
• The Sameer Group’s products and services:
  • Agriculture and Agri-Business
  • Finance and Insurance
  • Information Technology
  • Automotive and Distribution
  • Construction
  • Energy and Power
  • Real Estate Development

Background

Naushad Merali is the chief architect of the astonishing success of the Sameer Group.

At the age of 24, the young Mr Merali took a bank loan to purchase shares in Ryce Motors from its then owner Frank Ryce – a German who was then winding up his business activities in Kenya. Six years later, an opportunity came to invest into a construction company, H. Young & Company (E.A) Limited, in which investment was retired in 2013.

In 1985, he bought a stake in the Commercial Bank of Africa. Thereafter he acquired other interests in quick succession, including shares in the First National Bank of Chicago, Firestone East Africa (now Sameer Africa), Eveready Batteries Ltd (now Eveready East Africa), Sasini Tea & Coffee (now Sasini Ltd), and other companies that define the reputable Sameer Group of Companies. www.sameer-group.com

Products/Services

• Sasini Ltd and Nandi Tea Estates Ltd: Tea and coffee
• Sameer Africa Ltd: Manufacturing of tyres and tyre solutions
• Ryce East Africa Ltd: Motor Vehicles, leased vehicles and SDMO generators
• Sameer Agriculture & Livestock: Dairy and dairy products (Daima and Creambell brands)
• Eveready Batteries
• Warren Engineering Ltd: Construction, structural and civil engineering
• Sameer Industrial Park: Export processing zone
• Sameer Business Park: Showrooms and offices
• Rivaan Centre: Offices
• Real Estate

Markets

Kenya, East Africa and the Comesa region.

Industry

The Sameer Group is in diverse industries as noted above and well placed to align themselves in regard to competion through successive innovations, technologies, and mergers, as well as divestments at the right time.

Location

Holding Company: Sameer Investments ltd, 49 Riverside Drive, Nairobi, Kenya.

Other Companies within the group are located mainly in Nairobi and branches in other parts of the country and the East Africa region.

Financial Projection

Group turnover: $1.5 billion.

Management

Our group companies are independent and self regulated.

The Group Chairman, CEO, legal and finance teams for the group are based at the headquarters, Sameer Investments Ltd, basically for global investments and financial group reporting.

Employees

The group directly and indirectly employs over 30,000 employees.