The Devki Group of Companies, commonly referred to as the Devki Group, is a privately owned

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

in Kenya. Narendra Raval, a wealthy Kenyan industrialist and philanthropist, is a majority shareholder in each of the companies in the Group. The majority of the companies in the group focus on the manufacturing of building materials, including cement, aluminum and

steel Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant ty ...

. The group has subsidiaries in Kenya, Uganda,

Rwanda Rwanda (; rw, u Rwanda ), officially the Republic of Rwanda, is a landlocked country in the Great Rift Valley of Central Africa, where the African Great Lakes region and Southeast Africa converge. Located a few degrees south of the Equator ...

and the Democratic Republic of the Congo.

Location

The group has its headquarters along Ruiru–Kamiti Road, in Ruiru Town, Kiambu County. It is approximately , by road, northeast of the

central business district A central business district (CBD) is the commercial and business centre of a city. It contains commercial space and offices, and in larger cities will often be described as a financial district. Geographically, it often coincides with the "city ...

of Nairobi, Kenya's capital and largest city. The factories of the subsidiary companies are located in various Kenyan locations and in three other regional countries.

Overview

As of April 2021, Devki Group is mainly involved in the manufacture of building materials, including steel, aluminum and cement. At that time, the group was the largest manufacturer of cement and steel in Kenya. The Group's founder and executive chairman, is the majority shareholder in the companies that comprise the group. In April 2021 Business Daily Africa estimated his net worth at over US$500 million. At that time the conglomerate manufactured products worth over US$650 million annually and employed more than 6,500 workers.

History

Narendra Raval came to Kenya in 1982, poor and single. In 1986, newly married, he and his wife, Neeta, started a hardware store in the Gikomba Market in Nairobi. Business grew and several years later, with the help of a bank loan of US$70,000, they were able to establish their first steel mill.

Subsidiary companies

As of April 2021, the companies of the Devki Group included but were not limited to the following: 1. Devki Steel Mills Limited: Ruiru, Kenya 2. Maisha Mabati Mills Limited: Ruiru, Kenya 3.

National Cement Company Limited National Cement Company Limited (NCCL), also National Cement Company Kenya Limited, is a cement manufacturer in Kenya. It is a subsidiary of the Devki Group of Companies, an industrial and manufacturing conglomerate, with headquarters in Kenya ...

: Athi River, Kenya. 4. Maisha Packaging Company Limited: Athi River, Kenya 5. Northwood Aviation Limited: Nairobi, Kenya. 6.

Simba Cement Uganda Limited Simba Cement Uganda Limited (SCUL), also National Cement Company Uganda, is a cement manufacturer in Uganda. It is a subsidiary of National Cement Company Limited, the construction materials manufacturer based in Kenya. National Cement is itse ...

Tororo Tororo is a town in the Eastern Region of Uganda. It is the main municipal, administrative, and commercial center of Tororo District. History Tororo was garrisoned by the Uganda Army's Air and Sea Battalion during the Uganda–Tanzania War ( ...

, Uganda. 7.

ARM Cement Limited ARM Cement Limited, formerly Athi River Mining Limited, but commonly referred to as ARM is a mining and manufacturing company in Kenya, the largest economy in the East African Community. The company is headquartered in Nairobi and its stock is li ...

: Athi River, Kenya. 8.

Cimerwa Cement Limited Cimerwa Cement Limited (CCL) is a manufacturer of cement in Rwanda with capacity of approximately 600,000 tones per year. History The company was established in 1982, with capacity of 50,000 metric tonnes annually. It was managed by a Chine ...

: Bugarama, Rusizi District, in the Western Province of

References

External links