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
Black empowered building supplies group Afrimat Limited successfully debuted this morning on the JSE, immediately indicating execution of its acquisition strategy when it placed the company under cautionary. The share listed strongly at R8,05 to give Afrimat a market capitalisation
Black empowered building supplies group, Afrimat Limited, is well positioned to exploit the R74 billion SA building and construction industry through a diverse product range of Mining & Aggregates, readymix concrete and concrete blocks and bricks. With a strong brand
Black empowered building supplies group Afrimat Limited, which today published its abridged pre-listing prospectus, has met with enthusiastic interest from the select group of investors privy to its private placement roadshow in October. The group provides a diverse product range
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