Eveready in partnership bid with Orbit Chemicals

Eveready East Africa is set to enter into a joint venture with manufacturing firm Orbit Chemicals that will see the battery maker deepen its diversification by producing more personal care products.

The Nairobi Securities Exchange (NSE)-listed company has, in a notice, indicated that it will seek shareholder approval mid next month to form a joint venture company of equal stakes with Orbit Chemicals with the aim of producing common goods.