South Africa: Afrimat has announced that it has sold certain aggregates quarries and ready-mix concrete plants across South Africa for US$13.0m to Saturc. The sale forms part of a condition for Afrimat's acquisition of Lafarge South Africa Holdings, part of Holcim subsidiary Caricement, for US$6m in April 2024. Afrimat also agreed to repay a US$54.4m loan owed by Lafarge South Africa to Caricement.
The disposal is effective as of 8 June 2026 and will close on 1 July 2026.