Today, as a 36% associate company of Sephaku Holdings, we are immensely proud to stand side by side with Dangote Cement, which is Africa’s fastest growing industrial company.
SepHold is a JSE-listed company that invests in construction materials-focused businesses with the goal to create value for shareholders, through active participation in the operations to generate positive earnings and market share growth. SepHold’s portfolio currently constitutes of 36% equity ownership in SepCem and a 100%-owned mixed concrete subsidiary, Metier.
SepCem is a cement producer with modern manufacturing technologies and acute marketing skills. SepCem’s main business activity is the manufacture, marketing and distribution of high-quality cementitious products to a broad spectrum of cement users. The integrated cement plant in Aganang and grinding plant in Delmas with a combined production capacity of 2,5 million tonnes per annum, commenced production in October and January 2014 respectively.
SepCem has established itself as a formidable competitor in the supply of cement through successfully penetrating all the major retailers, numerous second-tier distributors and several bulk cement users, particularly ready mix concrete manufacturers. The remaining 64% of SepCem is held by Dangote. Dangote is a fully integrated cement company with projects and operations in Nigeria and 14 other African countries. Dangote was listed on the Nigerian Stock Exchange in October 2010.
Dangote Cement is Africa's leading cement producer with 40mt of capacity operational, including three plants in Nigeria, an import terminal and Ghana and recently opened factories in Ethiopia, Zambia, South Africa, Senegal and Cameroon. It is a fully integrated quarry-to-customer producer with production capacity of 29.25 million tonnes in Nigeria.
Its Obajana plant in Kogi state, Nigeria, is the largest in Africa with 13.25 million tonnes of capacity across four lines.
The Ibese plant in Ogun State has four cement lines with a combined installed capacity of 12 million tonnes. The Gboko plant in Benue state has 4 million tonnes
Through recent investments, Dangote Cement eliminated Nigeria’s dependence on imported cement and is transforming the nation into an exporter serving neighbouring countries.
Dangote Established in May 1981
The Dangote group had grown into one of the largest trading conglomerates in Nigeria
Transit from a trading based business into a manufacturing operation
2000 the Group acquired the Benue Cement Company Plc from the Nigerian government
Commissioned the Obajana Cement Plant; the largest cement plant in sub-Saharan Africa.
Sephaku listed on the JSE
Dangote Cement Plc is currently the largest quoted company in Nigeria, accounting for about 30% of the Nigerian Stock Exchange by market capitalization, following its merger with Benue Cement Company Plc in October 2010.
Construction of SepCem plants started
Acquisition of Métlier
SepCem started producing clinker and cement