Technicrete ISG (Pty) Ltd, part of the Infrastructure Specialist Group (ISG), has acquired Cast Industries` business operations, a manufacturer of concrete and precast products, effective 1st July 2015.
The acquisition of Cast Industries will enhance Technicrete’s position as one of the leading suppliers of paving and kerbing products within Gauteng with Cast Industries being completely incorporated into Technicrete ISG (Pty) Ltd.
Guinevere Thomas, Group Marketing and Communications Manager for ISG said “This acquisition will increase Technicrete`s market share within the paving market, increase our customer base and augment our production capabilities. With the increase in production capacity we will be able to satisfy market demands, and service existing and future customer needs.
The acquisition includes the operations, staff and assets currently associated with Cast Industries whose trading name will cease to exist after 1st July 2015.
Technicrete ISG (Pty) Ltd is a subsidiary of the Infrastructure Specialist Group, which also includes Ocon Brick and Rocla.