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Tag: acquisition

AECI announces signing of share purchase agreement to dispose of Much Asphalt

AECI Limited, a global leader in the manufacturing of chemicals and explosives, is pleased to announce the signing of a Share Purchase Agreement for Much Asphalt (Pty) Limited (“Much Asphalt”) with Old Mutual Private...

Saint-Gobain Construction Products South Africa completes the acquisition of Technical Finishes

Saint-Gobain Construction Products South Africa (PTY) Ltd (SGCP) has announced the closing of the Technical Finishes SA (PTY) Ltd (TFSA) acquisition.  This acquisition enables SGCP to diversify its product portfolio and tap...

Technical Finishes SA & Saint-Gobain Construction Products SA sign acquisition agreement

South Africa’s leading manufacturer of specialist epoxy, polyurethane flooring and construction solutions, Technical Finishes SA (Pty) Ltd (TFSA), and the world-leader in light and sustainable construction, Saint-Gobain Construction Products South Africa...

Air Products grows its Gas and Welding Portfolio with Acquisition of EWN&S

Air Products South Africa, and its subsidiary Weldamax, have strengthened their gas and welding portfolio by the acquisition of a controlling interest in EWN&S. EWN&S and Weldamax were formerly independent distributors...

Public Enterprises department welcomes SAA decision

The Department of Public Enterprises (DPE) says the Competition Tribunal’s conditional approval of the Takatso Consortium’s intention to acquire 51% of South African Airways (SAA) is a significant step in making...

Afrimat acquire Lafarge SA

AFRIMAT have acquired Lafarge South Africa Holdings (Pty) Ltd ("LSA"), including all its subsidiaries ("LSA Group"), subject to the fulfilment of conditions precedent relating to the receipt of customary regulatory approvals. LSA...

PepsiCo South Africa to acquire the remaining 50% of Futurelife Health Products

PepsiCo South Africa, through its subsidiary Pioneer Foods, is to acquire the remaining 50 percent stake in Futurelife Health products following the initial 50% acquired in 2015. Earlier this month, the South...

KANU acquires KEMACH

We are excited to inform you that the shareholders of Kanu Equipment have entered into an agreement to acquire Kemach Equipment South Africa. This is subject to regulatory and internal approvals. Kanu...

AP acquire Weldamax

AIR Products acquired the largest company in their distributor network, Weldamax. As an integral player in Air Products’ distributor business model, Weldamax distributes gases and a comprehensive range of welding products...

ENGIE completes the acquisition of Xina Solar One a 100MW CSP plant

ENGIE will now hold a 40% equity stake in the Xina Solar One 100 MW Concentrated Solar Power plant, as well as a 46% of the Xina Operations & Maintenance Company...

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