5 companies owned by Kenya’s Merali family
Billionaires.Africa has identified and monitored five prominent companies held by the Kenyan Merali family.
Merali family
Kenya’s Merali family faces $6 million blow in 2023 from Sasini Tea stake
With a 65.46-percent stake, Kenya’s Merali family holds the largest share in Sasini Tea.
Nairobi-based firm linked to Kenya’s Merali family sets sights on $6.3 million from land sale
The Merali family, custodians of the late tycoon Naushad Merali’s estate, is the majority shareholder of Sameer Africa.
Kenya’s Merali family sells 35-percent stake in Nairobi-based batteries distributor
While the aggregate consideration remains undisclosed, the Naushad Merali family received a premium above the market price.
Kenya’s Merali family rakes in $5.4 million from stake in Sasini Tea
The recent gain solidifies the Merali family’s position as one of the wealthiest families in East Africa.