South Africa
2023
Sole Financial Advisor
Acquisition of Technical Finishes by Saint-Gobain
Verdant IMAP Advises Saint-Gobain on the Acquisition of Technical Finishes
Verdant IMAP has served as the exclusive financial advisor to Saint-Gobain Development Sub-Saharan Africa Limited in its acquisition of Technical Finishes (Pty) Ltd, a prominent South African manufacturer specializing in advanced flooring and corrosion protection solutions.
Technical Finishes, with over 30 years in the industry, is recognized for its high-performance flooring solutions across diverse sectors, including food and beverage, healthcare, and mining. The company boasts a national footprint with manufacturing facilities across South Africa and holds a reputable position within the top three providers of tailor-made flooring solutions. Its portfolio includes HACCP-certified products designed to meet stringent industry standards, making it a trusted choice for clients with specialized requirements.
This acquisition bolsters Saint-Gobain’s commitment to the African market, enhancing its range of construction solutions in the region and supporting its vision of providing innovative and sustainable building solutions.
The transaction underscores Verdant IMAP’s expertise in cross-border M&A advisory within the industrial and construction sectors, contributing to strategic growth for global clients in Africa.