ARM Cement Limited (NASE:ARM.O) acquired remaining 65% stake in Kigali Cement in April 30, 2014. The purchase will be financed by banks. Kigali Cement reported net assets of KES 163.5 million in 2013.

ARM Cement Limited (NASE:ARM.O) completed the acquisition of remaining 65% stake in Kigali Cement in April 30, 2014.