Puneet Varma (Editor)

Olympia Capital Holdings

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Area served
  
Sub-Saharan Africa

Founded
  
1968

Key people
  
Michael Matu CEO

Type
  
Public company; NSE: OCH

Industry
  
Manufacturer, interior, construction

Headquarters
  
L.R. No 209/5532, Off Nanyuki Road, Industrial Area Nairobi , Kenya

Products
  
PVC, pumps, floor tiles, tyres

Subsidiaries
  
Avon Rubber Company (k) Ltd, Dunlop Industries Ltd., Rampa Limited

Olympia Capital Holdings Limited is a holding company comprising several businesses in East and Southern Africa.

Contents

Location

The company's headquarters are located in Nairobi, Kenya, with subsidiaries in Kenya, Botswana and South Africa. The company is listed on the Nairobi Securities Exchange (NSE) and trades as OCH. In addition to the NSE listing, its Botswana subsidiary Olympia Capital Corporation is listed on the Botswana Stock Exchange.

Overview

The company was originally established in Kenya as Dunlop Kenya Limited, a branch of Dunlop United Kingdom; in 2004, the company group was established as Olympia Capital Holdings Limited.

Its corporate direction is toward increasingly diversified manufacture of building materials and home improvement goods such as aluminum window frames, rubber products, curtains and food processing.

Member companies

Olympia has significant ownership stakes in various firms including:

  • Dunlop Kenya Limited – Nairobi, Kenya 100% shareholding - The largest manufacturer of vinyl floor tiles and vinyl sheeting in East and Central Africa; its website states that it is the foremost vinyl floor tile manufacturer in Sub-Saharan Africa.
  • Mather + Platt Kenya Limited – Nairobi, Kenya, 56.70% shareholding - Incorporated in 1972, the company is a leading fire and mechanical engineering contracting company as well as distributors of high quality pumps in East Africa.
  • Avon Rubber Company (K) Limited – Nairobi, Kenya, 47.50% shareholding - Manufacture and sale of industrial rubber.
  • Olympia Capital Corporation – Gaborone, Botswana, 50.50% shareholding - Holding company for the Southern Africa Operations. Listed on the Botswana Stock Exchange.
  • Kalahari Floor Tiles Pty – Gaborone, Botswana 100% Shareholding through Olympia Capital Corporation - The largest manufacturer of vinyl floor tiles and vinyl sheeting in Southern Africa. It is also involved in home improvement goods such as aluminum window frames, rubber and curtains.
  • Gaborone Enterprises (Pty) Limited – Gaborone, Botswana, 100% shareholding through Kalahari Floor Tiles Pty - Industrial Property holding company.
  • Tiespro (171) Trading Pty Ltd/a Natwood Africa – Cape Town, South Africa Held through Olympia Capital Corporation- Suppliers of home, bathroom and kitchen fittings and accessories.

    • Suspension on The Botswana Stock Exchange

    In October 2013 the Botswana Stock Exchange-listed subsidiary of Olympia Capital Holdings was suspended from trading. The subsidiary, which owns the bulk of Olympia Capital Holdings' productive assets, was suspended because it has failed to supply the exchange and its shareholders with audited financial statements.

    Olympia Capital Corporation was previously suspended from trading on the Botswana Stock Exchange in August 2009 after it failed to report a loss of P17 million in its February 2009 annual report.

    Ownership

    The Shares of Olympia Capital Holdings are listed on the Nairobi Stock Exchange (NSE). The shareholding of OCH is as follows:

    References

    Olympia Capital Holdings Wikipedia
    (Text) CC BY-SA