Afrimat

Activity by year

2023202420252026

Acquisition

Apr 11, 2024ACQUISITIONSouth Africa$54.0M
Afrimat receives approval to acquire Lafarge South Africa for $54M
Afrimat announced that the Competition Tribunal has granted approval for its acquisition of Lafarge South Africa from Holcim. The deal includes a purchase consideration of US$6 million and repayment of ZAR 900 million (US$48 million) in loans, covering cement plants in Lichtenburg and Randfontein.
Holcim partner Lafarge South Africa target Afrimat acquirer #Construction Materials cemnet.com
Jan 22, 2024ACQUISITIONSouth Africa
Afrimat updates on Lafarge South Africa acquisition progress
Afrimat provides an update on its acquisition of 100% of Lafarge South Africa Holdings from a Holcim subsidiary. Several conditions precedent have been fulfilled, including approvals from South African mining and exchange control authorities and competition authorities in Botswana and Eswatini. The transaction awaits final approval from the South African Competition Tribunal.
Holcim partner Lafarge South Africa target Afrimat acquirer #Construction Materials listcorp.com iol.co.za
Jun 21, 2023ACQUISITIONSouth Africa
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.
Lafarge South Africa target Afrimat acquirer #Construction Materials thestar.co.za

Acquired

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