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News Saint-Gobain buys 50% of Lodhia Gypsum Industries

Saint-Gobain buys 50% of Lodhia Gypsum Industries

Written by Global Gypsum staff
21 July 2015
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Tanzania: Saint-Gobain has finalised the acquisition of 50% of the capital of Lodhia Gypsum Industries, a leading producer of wallboard in Tanzania. The deal is expected to consolidate Saint-Gobain's leadership in the wallboard segment in east Africa and is in line with the group's strategy to expand its presence in sub-Saharan Africa. Lodhia Gypsum, which makes and distributes wallboard in Tanzania, Kenya and neighbouring countries, employs 90 and has a production plant in Arusha, close to the border with Kenya.

Last modified on 07 August 2015
Published in Global Gypsum News
Tagged under
  • Tanzania
  • SaintGobain
  • Lodhia Gypsum Industries
  • Acquisition
  • GGM21

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