Mon, 9 Dec 2024
22.7 C
Durban

Flooring specialists to be acquired

Home Engineering Flooring specialists to be acquired

A LEADING South African manufacturer of specialist epoxy, polyurethane flooring and construction solutions, Technical Finishes SA (TFSA), and a world leader in light and sustainable construction, Saint-Gobain Construction Products South Africa (SGCP), have entered into an agreement whereby SGCP wishes to acquire TFSA.

These two highly complementary businesses have a shared vision to deliver quality products, exceptional service and sustainable solutions to both the specialist flooring and general construction industries in South Africa.

Pending regulatory approval, the agreement would see SGCP acquiring 100% of the shares of the target company, TFSA in South Africa. Until such time, both companies will continue to drive business as usual.

Most Popular

Maximum compatibility and safety from new connections

WITH the new, optimised Nexus Connect flare connection, the Ingelfingen-based technology company Gemü is now introducing an innovative flare connection for its CleanStar and...

Powered grease gun a leap in lubrication innovation

SKF has launched its innovative TLGB 21 battery-driven grease gun that optimises lubrication efficiency and reduces costs by seamlessly combining advanced technology with a...

Donated tow tractor keeps Eastern Cape air ambulances flying

TO help save lives in the Gqeberha region of the Eastern Cape, the team at Toyota Material Handling, a division of CFAO Equipment, donated...

Real-time belt rip detection saves costs, reduces downtime and prevents injury

BECKER Mining has launched the newly developed BRS4.0 belt rip detection system, with advanced features for greater durability, higher efficiency and improved safety. Typical...