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Lonsa Everite, together with Legacy Africa Capital Partners and Swartland management, acquired 100% of Swartland Investments and Swartland Insulation for approximately R1.3 billion. The acquisition became effective on 1 July 2022.
“The Acquisition of Swartland talks to our strategic objective of establishing the Lonsa Everite Group as the preeminent industrial building materials manufacturer and distributor on the African Continent.”savca.co.za
Summarized from public sources; check the original articles before acting on it.