Aveng sells pumps and valves business to black-owned Copaflo
07 July 2019 - 16:48
Struggling construction group Aveng has sold its pumps and valves business, Aveng Dynamic Fluid Control (DFC), for R165m, the company said on Friday.
The group unveiled a strategy in 2018 that entailed the disposal of noncore assets. These include construction business Grinaker-LTA, Trident Steel and Aveng Manufacturing...
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