# Lonsa Everite acquires Swartland for R1.3 billion

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.

- Type: Acquisition
- Announced: 2022-07-01
- Where: South Africa
- Value: $78.0M (1.30B ZAR)
- Status: completed
- Products: wooden doors and windows, aluminum doors and windows, garage doors, XPS insulation, cornices
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lonsa Everite](https://endata.com/companies/63955.md) (acquirer)
- [Swartland](https://endata.com/companies/63956.md) (target)
- [Legacy Africa Capital Partners](https://endata.com/companies/63957.md) (investor)

## Sources

- [savca.co.za](https://savca.co.za/lonsa-everite-acquires-swartland-for-r1-3-billion-rand/savca-members-in-the-news/), 2022-07-05: "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."

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