[Johannesburg, Monday, 18 September 2023] South Africa’s leading manufacturer of specialist epoxy, polyurethane flooring and construction solutions, Technical Finishes SA (Pty) Ltd (TFSA), and the world-leader inlight and sustainable construction, Saint-Gobain Construction Products South Africa (Pty) Ltd (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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