# 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.

- Type: Acquisition
- Announced: 2021-08-03
- Where: South Africa
- Value: $40.0M (600.0M ZAR)
- Status: completed
- Products: fibre cement building products, autoclaved aerated concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lonsa Group](https://endata.com/companies/56872.md) (acquirer)
- [Everite](https://endata.com/companies/56873.md) (target)

## Sources

- [businessday.co.za](https://www.businessday.co.za/bd/companies/industrials/2021-08-03-lonsa-group-buys-fibre-cementmaker-everite-for-r600m/), 2021-08-03: "Mauritian investment group Lonsa Group has acquired fibre cement manufacturer Everite for R600m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.