Lodhia Gypsum Industries manufactures and sells plasterboard in Tanzania, Kenya and neighboring countries.The company has 90 employees and a plant in Arusha. It allows Saint-Gobain to affirm its leadership in the plasterboard market in East Africa.
This transaction is fully in line with Saint-Gobain’s strategy of developing its presence in Sub-Saharan Africa where the Group is already present in South Africa.
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Saint-Gobain creates a joint venture in Tanzania
Saint-Gobain has finalized an agreement creating a joint-venture in which it owns 50% of the capital of Lodhia Gypsum Industries based in Arusha, Tanzania, situated on the border with Kenya.