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GAZETTE NOTICE NO. 18339
GAZETTE NOTICE NO. 18339
THE TRANSFER OF BUSINESSES ACT
(Cap. 500)
TRANSFER
NOTICE is given under section 3 and 4 the Transfer of Businesses
Act, that the paint manufacturing business carried on by Galaxy Paints
and Coatings Limited (Company No. C.8961) (the Transferor) will,
subject to the fulfillment of certain conditions precedent, be transferred
to Bio Coat Limited (Company No. PVT-27ULPMLB) (the
Transferee) pursuant to the terms of a transfer of business agreement
entered into between the Transferor and the Transferee on 25th
August, 2025 (the Agreement).
If the conditions precedent to the Agreement are fulfilled, the
Transferee intends to acquire the business of the Transferor on the date
set out in the Agreement. The Transferee shall from that date carry on
the business at the same premises.
All money, debts or liabilities due and owing by the Transferor in
respect of the businesses of the Transferor shall be received and paid
by the Transferor. Save as specifically provided in the Agreement, the
Transferee will not assume nor is it intended to assume any liabilities
incurred by the Transferor with respect to its assets or business.
If the Agreement is not completed, this notice shall be void ab
initio and shall be of no effect. Any person with a claim against the
Transferor in respect of the business to be transferred may submit the
same in writing, with supporting documentation to the Transferor and
the Transferee at the addresses below within sixty (60) days of this
publication.
The address of the Transferor is at, Galaxy Paints and Coatings
Limited, P.O Box 30452–00100, Nairobi, Kenya, with a copy to
Raffman, Dhanji, Elms & Virdee Advocates LLP of 163, James
Gichuru Road, Lavington and P.O Box 10719–00100, Nairobi, Kenya
(e-mail: samrita@rev.co.ke).
The address of the Transferee is at, Bio Coat Limited whose
principal office is at 2nd Floor, Keystone Park, Riverside Drive,
Nairobi, Kenya, with a copy to Jared Kangwana & Co., Advocates t/a
Clyde and Co, Keystone Park, Block B, 2nd Floor and P.O Box
14816–00800, Nairobi, Kenya (e-mail: kevin.owino@clydeco.com).
Dated the 3rd December, 2025.
for and on behalf of for and on behalf of
GALAXY PAINTS AND
COATINGS LIMITED
BIO COAT LIMITED
Transferor Transferee
MR/7897508
Dated the 3rd December, 2025.
Extracted Entities (1)
previous_gazette_ref
18339
Details
- Act / Legislation
- THE TRANSFER OF BUSINESSES ACT
- Reference
- Cap. 500
- Section
- section 3
- Date Signed
- 3rd December 2025
- Page
- 56
- Extraction Method
- regex
Source Gazette
Vol. CXXVII No. 258
Published 1st February 2025