Afrimat’s long road of enduring resilience
The management team’s operational style has been hard to fault
Afrimat CEO Andries van Heerden should really be a contestant on the TV show Dancing with the Stars. Since Afrimat’s IPO in 2006, both the CEO and the company have not put a foot wrong or been out of step with the commodities market.
Listed on the JSE in November 2007, the company raised R125m via its IPO at 500c a share to value the construction materials business at R600m...
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