Mon, 17 Jun 2024
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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.

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