Afrimat acquires Lafarge South Africa for R1 billion

Afrimat announced the acquisition of 100% of Lafarge South Africa (LSA) for just over R1 billion. LSA is a building materials group with cement, aggregates, quarries, and fly-ash operations.

“Afrimat’s share price leapt 12% yesterday after it announced the acquisition of 100% of leading building materials group Lafarge South Africa (LSA) for just more than R1 billion.”thestar.co.za

• 1 source
• thestar.co.zaAfrimat buys Lafarge SA for R1bnEdward WestJun 21, 2023

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