All templates8 October 2026
Mombasa Coastal Bakeries Limited
P.O. Box 90215-80100, Mombasa
Dear Sirs,
SUBJECT TO CONTRACT
RE: LETTER OF INTENT — ACQUISITION OF THE CHANGAMWE BAKERY BUSINESS AND ASSETS
We write to confirm our intention to proceed with the acquisition of the Changamwe bakery business and assets, and this letter records the main points on which we are prepared to proceed.
1. We propose to acquire the Changamwe bakery business and assets.
2. The indicative price is KES 84,000,000, subject to due diligence.
3. It is intended that the employees of the business will transfer.
This letter is non-binding, except for confidentiality and exclusivity:
Business and deals
Letter of intent template (Kenya)
Also called: Letter of Intent (LOI)
What it is for
Saying you intend to do a deal, and on what main terms.
The Kenyan law it follows
- Law of Contract Act Cap 23
Who prepares it
You can prepare this yourself. It is still wise to have an advocate read it before you sign, especially where a lot of money or a long commitment is involved.
Fill this in with your own details
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Sample letter of intent
The first part of the sample is shown here. The names, amounts and facts are made up to show how the document reads.
The rest of this letter of intent is for Lex members
Create a free account to read the whole sample, fill it in with your own details and download it in Word.
This is a sample for general information. It is not legal advice and may not suit your situation. Laws change, and a document has to fit your own facts; have an advocate check it before you rely on it.