19October2017

13 December 2011

Divestiture Transactions As At 30 June 2011

 

 

Enterprise

Buyer

Date

Participant

Method

 
 

1

Acholi Inn

Ms Laoo Ltd

May-95

Ugandan

Sale of Assets

 

2

African Ceramics Co.

Muhindo Enterprises Ltd

May-96

Ugandan

Sale of Assets

 

3

Hilltop Hotel

Three Links Ltd

May-95

Ugandan

Sale of Assets

 

4

Hotel Margherita

Reco Industries Ltd

Aug-94

Ugandan

Sale of Assets

 

5

ITV Sales

ROKO Construction

Dec-96

Foreign

Sale of Assets

 

6

Lira Hotel

Showa Trade Company Ltd

Jan-95

Ugandan

Sale of Assets

 

7

Masindi Hotel

Ottoman Engineering

Feb-00

Ugandan

Sale of Assets

 

8

Mt. Elgon Hotel

Bugisu Cooperative Union

May-95

Ugandan

Sale of Assets

 

9

Mt. Moroto Hotel

Kodet International

Nov-94

Ugandan

Sale of Assets

 

10

NYTIL Textile Industries Ltd

Picfare Ltd

Mar-96

Foreign

Sale of Assets

 

11

Rock Hotel

Swisa Industries Ltd

Nov-94

Ugandan

Sale of Assets

 

12

Uganda Cement Ind. - Hima

Rawals Group of Industries

Dec-94

Foreign

Sale of Assets

 

13

Uganda Cement Ind. - Tororo

Corrugated Sheets Ltd

Oct-95

Foreign

Sale of Assets

 

14

Soroti Hotel

Speed bird Aviation Services

Jan-95

Ugandan

Sale of Assets

 

15

Ug. Consolidated Properties

GoU

Apr-99

Ugandan

Sale of Assets

 

16

Uganda Garment Industries

Phoenix Logistics Uganda Ltd.

Aug-00

Ugandan

Sale of Assets

 

17

Ug. Leather & Tan’ng Ind.

IPS (U) Ltd

Jul-95

Ugandan

Sale of Assets

 

18

Uganda Meat Packers (K’la )

Uganda Meat Industries Ltd

Aug-95

Ugandan

Sale of Assets

 

19

Uganda Meat Packers-Soroti

Teso Agric Industrial Co Ltd.

Nov-97

Ugandan

Sale of Assets

 

20

Uganda Spinning Mills, Lira

Guostar Enterprises (U) Ltd.

1999

Foreign

Sale of Assets

 

21

White Horse Inn

Kabale Develop’nt Company

Aug-94

Ugandan

Sale of Assets

 

22

White Rhino Hotel

Dolma Associates Ltd

May-95

Ugandan

Sale of Assets

 

 

 

 

 

 

 

 

1

African Textile Mills

P.S. Patel

Mar-96

Ugandan

Share Sale

 

2

Agip (U) Ltd

Agip Petrol International

May-96

Foreign

Share Sale

 

3

Apollo Hotel Corporation Ltd.

MIDROC Ethiopia plc

Mar-01

Foreign

Share Sale

 

4

Blenders (U) Ltd

Uniliver Overseas Holding BV

Aug-94

Foreign

Share Sale

 

5

Comrade Cycles (U) Ltd.

Uganda Motors Ltd.

Jan-97

Ugandan

Share Sale

 

6

East African Distilleries

Intern. Distillers & Vintners

Nov-92

Foreign

Share Sale

 

7

Kibimba Rice Co. Ltd.

Tilda Holdings

Sep-96

Foreign

Share Sale

 

8

Kinyara Sugar Works Ltd

Rai Holdings

Oct-06

Foreign

Share Sale

 

9

Lake Victoria Bottling Co. Ltd

Crown Bottlers (U) Ltd

Feb-93

Ugandan

Share Sale

 

10

Lake Victoria Hotel (PHASE 1)

Windsor Ltd

Aug-95

Foreign

Share Sale

 

11

Lango Dev. Co.

Sunset International Ltd.

May-98

Ugandan

Share Sale

 

12

Motorcraft and Sales Ltd.

Andami Works Ltd.

Sep-96

Ugandan

Share Sale

 

13

N I C Ltd (60%)

Insurance Group of  Nigeria

Jun-05

Foreign

Share Sale

 

14

PAPCO Industries Ltd.

Praful C. Patel

Feb-99

Ugandan

Share Sale

 

15

SAIMMCO

Steel Rolling Mills Ltd.

Sep-99

Ugandan

Share Sale

 

16

Stanbic Bank (U) Ltd.

SBIC Africa Holdings Ltd.

Dec-96

Foreign

Share Sale

 

17

Total (U) Ltd

Total Outre Mer

Mar-96

Foreign

Share Sale

 

18

Transocean 1998 (U) Ltd

Coin Ltd.

Jul-01

Ugandan

Share Sale

 

19

TUMPECO

GM Company Ltd

Aug-94

Ugandan

Share Sale

 

20

Uganda Commercial Bank

Stanbic Bank

Feb-02

Foreign

Share Sale

 

21

Uganda Fisheries Enterprises

Nordic-African Fisheries Co.

May-95

Foreign

Share Sale

 

22

U G M Co.(Phase 1)

Calebs International

Dec-96

Ugandan

Share Sale

 

23

Uganda Industrial Machinery

F.B. Lukoma

May-97

Ugandan

Share Sale

 

24

Uganda Pharmaceuticals Ltd.

Vivi Holdings

Jul-96

Foreign

Share Sale

 

25

Uganda Telecom

Detecom

Jun-00

Foreign

Share Sale

 

 

 

 

 

 

 

 

1

Agricultural Enterprises Ltd

C D C

Oct-93

Foreign

Joint Venture

 

2

NEC Pharmaceuticals Ltd.

Haupt Groupe

Dec-99

Foreign

Joint Venture

 

 

 

 

 

 

 

 

1

Associated Match company

Madhvani Group

Jun-01

Foreign

Pre-emptive right

 

2

Bank of Baroda

Bank of Baroda (India)

Jun-99

Foreign

Pre-emptive right

 

3

Barclays Bank of Uganda Ltd

Barclays Plc

Oct-98

Foreign

Pre-emptive right

 

4

BAT Uganda (PHASE 1)

BAT Investments Ltd.

Sep-99

Foreign

Pre-emptive right

 

5

ENHAS

Efforte Corp, G/Airlinks & SN

Apr-98

Ugandan

Pre-emptive right

 

6

Kakira Sugar Works

East African Holdings Ltd.

Jul-00

Foreign

Pre-emptive right

 

7

Lake Victoria Hotel Ltd (Ph. 2)

The Windsor Ltd.

Aug-00

Foreign

Pre-emptive right

 

8

Rwenzori Highland Tea Co.

Finlays Groups

May-02

Foreign

Pre-emptive right

 

9

Steel Corporation of E A Ltd

Muljibhai Madhvani & Co. Ltd

Jul-00

Foreign

Pre-emptive right

 

10

Uganda Libyan Arab Holding

Preemptive

Apr-08

Ugandan

Pre-emptive right

 

11

Sugar Corpn. of Uganda Ltd.

Mehta Group

Dec -09

Foreign

Pre-emptive right

 

12

Cable Corporation

Mehta Group

Dec - 09

Foreign

Pre-emptive right

 

13

UGMA Eng. Corporation

Mehta Group

Dec -09

Foreign

Pre-emptive right

 

 

 

 

 

 

 

 

1

BAT Uganda (PHASE 2)

Public

Jun-00

Ugandan

I P O

 

2

 DFCU Bank

Public

Jul-04

Ugandan

I P O

 

3

New Vision P & P Co  (20%)

Public

Sep-04

Ugandan

I P O

 

4

Uganda Clays Ltd.

Public

Oct-99

Ugandan

I P O

 

5

National Insurance Company

Public

Mar-10

Ugandan

I P O

 

 

 

 

 

 

 

 

1

Dairy Corporation Ltd

Sameer Agric. & Livestock

Aug-06

Foreign

Concession

 

2

Mweya Safari Lodge

Madhvani Group

Aug-95

Ugandan

Concession

 

3

Nile Hotel International Ltd

Serena Tourism Promotion Svs

Jan-04

Foreign

Concession

 

4

Second National Operator

MTN

Mar-98

Foreign

Concession

 

5

Ug. Electricity Distribution Co

Umeme

May-05

Foreign

Concession

 

6

Uganda Electricity Generation

Eskom Enterprises

Nov-02

Foreign

Concession

 

7

Uganda Railways Corporation

Sheltam Railway Company

Oct-05

Foreign

Concession

 

8

Uganda Seeds (Kasese)

Lease/concession

Sep-05

Ugandan

Concession

 

9

Ug. Seeds Masindi & Kisindi

Lease/concession

Sep-05

Ugandan

Concession

 

10

ULI Ltd - Kiryana Ranch

Ziwwa  Ranchers

May-02

Ugandan

Concession

 

11

ULILtd - Kyempisi Ranch

Royal Ranchers Ltd

May-05

Ugandan

Concession

 

 

 

 

 

 

 

 

1

Foods & Beverages Ltd

James Mbabazi

May-96

Ugandan

Auction

 

2

Fresh Foods Ltd

Eddie & Sophie Enterprises

May-96

Ugandan

Auction

 

3

K’la Auto Centre Gomba M.

Management

Nov-95

Ugandan

Auction

 

4

Republic Motors

Rafiki Trading Company

Dec-95

Ugandan

Auction

 

5

Uganda Hire Purchase Co.

Tadeo Kisekka

Nov-95

Ugandan

Auction

 

6

Winits (U) Ltd

EMCO Works Ltd

Oct-95

Ugandan

Auction

 

 

 

 

 

 

 

 

1

Gov’ Central Purchasing Corp.

Management and Employees

Jul-00

Ugandan

M B O

 

2

Printpak (U) Ltd

Cancelled-Assets owner -  Lonhro

 

Ugandan

M B O

 

3

Uganda Hardwares Ltd

Management

Oct-95

Ugandan

M B O

 

4

Uganda Motors Ltd

Management

Nov-95

Ugandan

M B O

 

 

 

 

 

 

 

 

1

NH & C C

Libyan Arab Foreign Inv’nt

Jun-05

Foreign

Debt-Equity Swap

 

2

Shell (U) Ltd

Shell Petroleum Co. Ltd

Dec-92

Foreign

Debt-Equity Swap

 

 

 

 

 

 

 

 

1

Nile Breweries Ltd

Madhvani Group

Apr-92

Foreign

Repossession

 

2

Ug. American Insurance Co.

American Life Insurance Co.

Nov-92

Foreign

Repossession

 

3

Uganda Crane Estates Ltd.

Buganda Kingdom

Jun-97

Ugandan

Repossession

 

4

Uganda Securiko Ltd

Securiko (U) Ltd

Aug-93

Foreign

Repossession

 

5

Uganda Tea Corporation

Mehta Group

May-94

Ugandan

Repossession

 

 

Total transactions

95

 

 

 

 

 

Liquidations/Strike Offs

39

 

 

 

 

 

Total divestiture transactions

134