Kenya: Subati buys Suera Flowers

Suera Flowers has sold assets to the Subati Group, according to a notice in the Kenya Gazette, an official government publication. The notice reads:

"Notice is given under the Transfer of Business Act, that Suera Flowers Limited (registration number C 63154) (the "Transferor"), has pursuant to an agreement for sale dated 31st August, 2018 sold properties title numbers Nyandarua101 Joro Orok/Salient 8421, Nyandarua101 Joro OrokiSalient 8420, Nyandarua/OI Joro Orok/Salient 12, Nyandarua101 Joro Orok/Salient 1489, Nyandarua101 Joro Orok/Salient 1225 and Nyandarua101 Joro Orok/Salient 11994 together with the assets thereon which include the crop of flowers (the "Business") to Subati Group Limited (registration Number C 170631) (the "Transferee"). The Transferee will continue the business of the said properties.

"The address of the Transferor is P.O. Box 2099-20300. Nyahururu in the Republic of Kenya, while the address of the Transferee is P.O. Box 2513040100, Nairobi in the Republic of Kenya.

"The Transferee is not assuming nor is it intended to assume any liabilities whatsoever incurred in the business by the Transferor."

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