Close this search box.

Afrimat boosts Cape presence with R125 million acquisition of Malans quarries

In its first acquisition since a record debut on the JSE in November 2006, black empowered building supplies group Afrimat Limited has acquired the Malans Group (“Malans”) in the Cape for R125 million. The earnings-enhancing acquisition adds strategically located quarries and sand mines to Afrimat’s portfolio, further boosting the group’s…

Tanya Pretorius

Afrimat: Head of Communications

Vanessa Ingram

Keyter Rech Investor Solutions