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BOC Kenya Limited

July 13, 2021
in Business, Kenya
Reading Time: 4 mins read
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BOC Kenya plc (BOCKL), also BOC Kenya, is a manufacturing company in Kenya. The company manufactures and markets industrial and medical gases.

BOC Kenya plc
Type Public
Traded as
KN: BOC
Industry Mafufacture of medical & industrial gases
Headquarters Nairobi, Kenya
Key people
Ngungi Kiuna
Chairman
Millicent Onyonyi
Executive Director[1]
Products
show

List
Revenue Increase Aftertax: KES:101,255,000 (US$1,017,000) (H1:2013)
Total assets KES:1.975 billion (US$19.84 million) (H1:2013)
Website Homepage

BOC Kenya Limited Location

The company headquarters are located on Kitui Road, in the Industrial Area of Nairobi, Kenya’s capital and largest city. The coordinates of the company headquarters are: 1°18’18.0″S, 36°51’02.0″E (Latitude:-1.304990; Longitude:36.850546).

Overview

BOCKL is a subsidiary of the Linde Group, an international manufacturing and engineering conglomerate founded in Germany in 1879, with subsidiaries in over 100 countries. The company is involved in the production and sale of industrial and medical gases, welding products, power tools and medical equipment.

BOC Kenya Limited History

In December 2005, BOC Kenya plc attempted to take over the shareholding in Carbacid Investments, with the aim of making it a wholly owned subsidiary. However, BOC Kenya did not receive the 80 percent acceptance threshold from Carbacid shareholders, managing only 71 percent. This led to a dispute between BOC Kenya and the Capital Markets Authority. Both the BOC Kenya and Carbacid stocks remained suspended from trading on the NSE from 2005 until 2009 when the hostile takeover offer had lapsed.

Subsidiaries

BOCKL maintains the following registered subsidiaries:

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  1. BOC Tanzania Limited – Dar es Salaam, Tanzania
  2. BOC Uganda Limited – Kampala, Uganda
  3. Kivuli Limited – Mombasa, Kenya
  4. East African Oxygen Limited – Dormant

Ownership

The shares of BOC Kenya plc are listed on the NSE, where they trade under the symbol BOC. The shareholding in the stock of the company are illustrated in the table below:

BOC Kenya plc Stock Ownership
Rank Name of Owner Percentage Ownership
1 BOC Holdings 65.38
2 Institutional & Private Investors at NSE 34.62
Total 100.00

Afrox range of Products

  • Industrial gases: This includes dissolved acetylene, oxygen, nitrogen and other general gases.
  • Special gases: Refrigerants, chemicals and standard scientific gases
  • Medical gases: Includes packaged medical gases and respiratory therapy equipment.
  • Liquid petroleum gas: Includes LPG cylinders
  • Hospitality gases: Includes beverage dispensing gas and balloon gas.
  • Filler materials: Includes MMA filler materials, MIG filler materials, TIG filler materials, brazing filler materials, fluxes and gouging carbons.
  • Gas equipment: Includes accessories and parts, torches, hoses, nozzles/tips, regulators and flowmeters, welding and cutting kits
  • Arc equipment: Includes arc accessories, MIG equipment, MMA equipment and TIG equipment
  • Personal Protective Equipment: Includes cutting and welding related PPE.

An extended product range is also available. (Service levels are subject to confirmation at the time of order placement.)

The Afrox product reference manual contains our comprehensive range of products, and is available on the Afrox website www.afrox.com. Hard copies as well as the CD version are available on request.

Product Reference Manual

BOC Holdings is a wholly owned subsidiary of Linde Group.

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