Business News

June 13 (Bloomberg) -- Olympia Capital Holdings Ltd., a Kenyan building-materials supplier, said it bought 49 percent of Mather + Platt Kenya Ltd. for an undisclosed sum.

"The acquisition has been funded by internal group cash,'' Managing Director Michael Matu said in a statement published in the Nairobi-based Daily Nation newspaper today. Mather + Platt provides fire systems, water services and mechanical installations, Matu said.