PPC - August 2013

South African cement producer Pretoria Portland Cement (PPC) has purchased a controlling stake in Safika Cement Holdings at a cost of ZAR350m (US$32.5m). The deal includes Safika’s five blending facilities and one milling operation. The company produces blended 32.5N type cement under three brand names: IDM Best Build, Caste and the Spar Build-It house brand.

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