Canadian gets CAK nod to fully own KK Security’s parent company

KK Security workers march past the Presidential dais at Uhuru Gardens, Nairobi County on May 1, 2023 during the Labour Day Celebrations.

Photo credit: File | Nation Media Group

The Competition Authority of Kenya (CAK) has approved the acquisition of KK Security Limited by its chief executive Stephan Cretier, in a move that will make him the sole owner of the company.

Mr Cretier currently has an indirect control of KK Security which is owned by GardaWorld Limited, where the Canadian entrepreneur and philanthropist is the CEO. GardaWorld is in turn owned by Canada-based Doctor No Parent Limited.

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