Sasini eyes Africa acquisition, joint venture in diversification

Sasini PLC Group Managing Director Martin Ochieng' during an investor briefing at the Nairobi Serena Hotel on January 26, 2023. 

Photo credit: File | Nation Media Group

Listed agribusiness firm, Sasini Plc, is looking to close an acquisition or joint venture arrangement within the next 12 months as part of a plan to grow its footprint in Africa.

Sasini Plc will be leaning on its relatively strong cash position to seal a deal, having closed the six months ended March 2025 with Sh763.4 million in cash and cash equivalents, despite a Sh113.1million loss on higher costs and a 1.1 percent decline in turnover to Sh2.9 billion.

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