nse carb industry carbon dioxide manufacturing founded 1961 headquarters empress plaza westlands nairobi kenya key people j m wanjigi chairman r a shepherd executive director products compressed co2 medical co2 dry ice cylinder testing & validation revenue aftertax kes 475.54 million us 5.44 million 2013 total assets kes 2.205 billion us 25.22 million 2013 website homepage carbacid investments limited cil is a manufacturing and investment company in kenya the largest economy in the east african community . the company manufactures and markets carbon dioxide gas for industrial and medical use as well as dry ice . it also tests and validates gas cylinders . carbacid is a monopoly and currently has a market share of more than 95 % in the regional carbon dioxide market . 1 the shares of the company s stock are listed on the nairobi securities exchange nse where they trade under the symbol carb . 2 contents 1 overview 2 history 3 operations 4 member companies 5 ownership 6 see also 7 references 8 external links overview edit the company is the largest manufacturer of medical and industrial co2 in the region . in the financial that ended 31 july 2013 the company turnover was valued at ksh 952 836 000 approx . us 10 896 300 . net profits were at ksh 475 541 000 approx . us 5 438 140 . the company s total assets were valued at ksh 2 204 399 000 approx . us 25 208 800 with shareholders equity of ksh 1 924 429 000 approx . us 22 007 200 . 3 history edit carbacid investments traces its roots to bea sawmills limited a company that was first to extract carbon dioxide from a natural underground reservoir in kereita forest in kenya in 1933 . 4 carbacid was officially incorporated in 1961 1 and listed at the nse in 1972 following a series of acquisitions . in december 2005 boc kenya limited gave a notice to the shareholders of its intention to acquire full control of carbacid investments making it its wholly owned subsidiary . 5 however boc kenya did not receive the acceptance threshold from carbacid shareholders . this led to a dispute between boc kenya and the capital markets authority . 6 both the boc kenya and carbacid stocks remained suspended from trading on the nse until 2009 when take over offer had lapsed . operations edit carbacid investments is mainly involved in the mining purification and distribution of carbon dioxide gas to soft drink manufacturers and to beer bottlers . the company also makes medical co2 for use in hospitals and other medical facilities and laboratories including universities . other products manufactured by carbacid include dry ice which is used in the preservation of cold temperatures when shipping sensitive biological and chemical material . carbacid s distribution network extends across the whole of east africa serving customers in kenya uganda tanzania rwanda burundi ethiopia eastern drc zambia south sudan and somalia . member companies edit the companies that comprise the carbacid investments limited include but are not limited to the following kenya registered subsidiaries carbacid co2 limited the flagship company of the group . its principal activities involve the mining purification and sale of carbon dioxide gas . this company is a 100 % subsidiary of carbacid investments limited . goodison twenty nine limited an investment company wholly owned by carbacid investments limited . goodison forty seven limited an investment company wholly owned by carbacid investments limited . ownership edit the shares of the carbacid investments limited are listed on the nse where they trade under the symbol carb . as of july 2013 update the shareholding of carbacid investments was as follows 7 carbacid investments limited stock ownership rank name of owner percentage ownership 1 mrs a patel 15.00 2 baloobhai c patel 10.93 3 leverton limited 9.36 4 kivuli limited 5.83 5 miss t i friedman 4.42 6 standard chartered nominees a c 9230 2.36 7 standard chartered nominees non resident a c 9598 1.94 8 java investments limited 1.66 9 rasimu limited 1.61 10 mrs b c kampf 1.58 11 others 45.31 total 100.00 see also edit list of wealthiest people in kenya nairobi securities exchange economy of kenya references edit a b gichohi samuel 4 may 2011 . brief company profile carbacid investments limited pdf . http www.younginvestors.co.ke . nic bank group . retrieved 24 november 2014 . external link in website help mugwe david 23 october 2013 . carbacid share hits four year high . business daily africa . retrieved 18 october 2014 . cil . 22 october 2013 . carbacid investments limited audited annual report for year ended 31 july 2013 pdf . carbacid investments limited cil . retrieved 18 october 2014 . carbacid about us . carbacid investments . retrieved 24 november 2014 . boc kenya limited 2006 annual report pdf . investing in africa . boc kenya limited . 30 september 2006 . retrieved 24 november 2014 . carbacid investments 2006 annual report pdf . investing in africa . carbacid investments limited . 31 july 2006 . retrieved 24 november 2014 . cil . 22 october 2013 . carbacid investments limited major shareholders the top 10 major shareholders as at 31 july 2013 were as follows pdf . carbacid investments limited cil . retrieved 18 october 2014 . external links edit carbacid official website carbacid posts flat 2013 2014 financial year profits carbacid profit up 28 percent as rival boc targets its turf retrieved from https en.wikipedia.org w index.php title carbacid investments & oldid 714143281 categories companies listed on the nairobi stock exchangecompanies based in nairobicompanies of kenyacarbon dioxidechemical companies1961 establishments in kenyahidden categories cs1 errors external linksengvarb from march 2014use dmy dates from march 2014articles containing potentially dated statements from july 2013all articles containing potentially dated statements navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views 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