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27 May 2014
he new group holding company for Technicrete, Rocla and Oconbrick has been announced as Infrastructure Specialist Group (ISG). The group was formed in 2013 after three leaders in the manufacture of infrastructure and mining products merged. The businesses were acquired from Murray & Roberts by a consortium consisting of private equity firm Capitalworks, RMB Ventures, Pan African Group and senior executives in the businesses in October 2013.
“The three ISG companies apply specialist knowledge to manufacturing and supplying innovative infrastructure products to the construction and mining markets in Southern Africa. We needed to find a name that captured what our three established brands deliver, as well as being open to encompass new businesses we may incorporate in the infrastructure field,” says Albert Weber, Chief Executive Officer. “We believe that ISG is set to become a major player in the construction industry.”
As the ISG companies are all market leaders in their focus areas, the three trading entities will remain Technicrete, Rocla and Oconbrick. Technicrete is a leader in the manufacturing of concrete products for the construction and mining industries in South Africa, while Rocla manufactures precast concrete products for infrastructure with factories throughout South Africa, Namibia and Botswana. Oconbrick is a preferred high quality clay brick supplier to all major construction and property development companies. Its products have been used in many prestigious projects from the Constitutional Court to Sandton City.
Being proudly South African is important to the group and Weber further believes it has an important role to play in development. “ISG is proud to be a South African company and we are committed to the sustainable development of our region and its people. We will continue to make a meaningful contribution through infrastructure and related products to improve the lives of the people in South Africa and neighbouring countries.”
“We are a market-driven group where design, engineering capability and manufacturing expertise are paramount and we continue to experience strong demand for the specialist products and service we provide,” says Weber. “We are confident that this will translate into further success for the group companies as we pursue our growth strategy across all three businesses.”