Rongai Transport business has been sold to investors from Mauritania. The business has been bought off by the Rogers Group which is a conglomerate from Mauritania.
Rongai currently runs a fleet of 160 vehicles besides employing 270 people. It reported sales equivalent to Sh. 220 million in the quarter that ended in December 2022.
“In this context, the group’s international development strategy is particularly relevant, with the recent acquisition of Rongai Workshop & Transport Ltd in Kenya, a buoyant market for the logistics sector,” said Rogers.
DT Dobie’s new Sh. 16 million locally assembled Actros Truck
However, the value of the deal was not disclosed to the public. “This acquisition will allow Velogic, a subsidiary of Rogers, to strengthen its presence on the African continent, while benefiting from the growth prospects of this buoyant market,” Rogers added in a statement.
Rogers added that synergies with Rongai will allow Velogic to offer a greater range of logistics services, as well as expand its customer base and transport network in the region.
Rongai Transport was founded in 1947 by the Vanessa Evans family. “This business was founded by my late father Gordon Eccles in 1947 in Rongai, Nakuru, originally as an agricultural workshop supplying and servicing machinery and building trailers for the rural farming community in the area,’’ Vanessa Evans said in a previous media interview.