Sameer Group acquired a majority stake in the company in 1988 through its wholly owned subsidiary East Africa Batteries.
[5] 2004 saw the company diversify into other consumer products, under the Schick brand, following the acquisition of Schick-Wilkinson Sword by Energizer Holdings.
[5] The shares of Eveready East Africa were listed on the Nairobi Securities Exchange in 2006 through an initial public offering, which was over subscribed by 733%.
[6] Other than battery manufacturing, Eveready East Africa has invested in real estate through its wholly owned subsidiary, Flamingo Properties.
[7] The stock of Eveready East Africa is listed on the NSE, where it trades under the symbol EVRD.