# 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.

- Type: Acquisition
- Announced: 2023-06-21
- Where: South Africa
- Status: announced
- Products: cement, aggregates, fly-ash
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Lafarge South Africa](https://endata.com/companies/40985.md) (target)
- [Afrimat](https://endata.com/companies/70967.md) (acquirer)

## Sources

- [thestar.co.za](https://thestar.co.za/business-report/companies/2023-06-21-afrimat-buys-lafarge-sa-for-r1bn/), 2023-06-21: "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."

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