03 Oct 2021

Fibre cement manufacturer Everite acquired for over half a billion rand

LONDON, (The Southern African Times) – Mauritian investment entity Lonsa Group Limited (“Lonsa”), has acquired the majority and controlling shareholding in Everite, the leading industrial manufacturer of a range of building products for the commercial, industrial and residential markets, for some R600-million, in a massive vote of confidence in South Africa’s struggling construction sector.

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