◂ Announcements

Aug 3, 2021ACQUISITIONSouth Africa

Lonsa Group acquires Everite for R600m

Mauritian investment group Lonsa Group acquired fibre cement manufacturer Everite for R600 million, effective May 1, 2021, including its assets and subsidiaries Sky Sands and Sheet-rite.

Value

$40.0M (600.0M ZAR)

Status

Completed

Productsfibre cement building productsautoclaved aerated concrete

CompaniesLonsa Group acquirer Everite target

Sectors#Construction Materials

“Mauritian investment group Lonsa Group has acquired fibre cement manufacturer Everite for R600m.”businessday.co.za

1 source
businessday.co.zaLonsa Group buys fibre cementmaker Everite for R600mALISTAIR ANDERSONAug 3, 2021

Summarized from public sources; check the original articles before acting on it.

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