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News Afrimat secures recommendation to acquire Lafarge South Africa

Afrimat secures recommendation to acquire Lafarge South Africa

Written by Global Cement staff 08 November 2023
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South Africa: The Competition Tribunal has received a recommendation from the Competition Commission that it should allow aggregates producer Afrimat to acquire Lafarge South Africa. Creamer Engineering News has reported that the commission found that the merger involves ‘horizontal overlaps’ in the aggregates and ready-mix concrete sectors. As such, it recommended that the parties be required to divest assets across the affected sectors.

Published in Global Cement News
Tagged under
  • South Africa
  • Afrimat
  • Acquisition
  • Lafarge South Africa
  • Holcim
  • Competition Tribunal
  • GCW633
  • Aggregates
  • concrete
  • Competition

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