chryso acquisition of a.b.e. construction chemicals · construction chemicals, which started in...

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Representatives from FLOORS attended an international product fair showcasing the finest equipment and technology in the building sector, which was successfully hosted by Pan Mixers South Africa (PMSA) – one of Africa’s leading manufacturers of concrete block, brick and paving machinery. The fair, which was held on 15 and 16 September 2010 at PMSA’s factory in Graniet Street, Jet Park, featured a range of new products, including a European-manufactured Fiori self-loading concrete mixer that has an on-board weighing system. Following the success of last year’s event, PMSA hosted the fair for a second year running to provide industry with the perfect opportu- nity to learn more about new trends and technology in the industry. PMSA director Walter Ebeling says: “We feel that it is our responsi- bility as market leaders to showcase the technologies that are avail- able to our customers. Last year’s fair was a great success, with more than 400 people attending the two-day event. We have made this year’s event bigger and better, with additional exhibitors, product launches and demonstrations.” Guest speakers at this event included Clem Sunter, a world- renowned global strategist and scenario-planner, who held an intriguing talk on the future of the South African construction industry, and Jean Tresfon, who gave a presentation on ‘green’ build- ing and how the concrete industry can capitalise on this growing trend. Attendees were also provided with tips and advice by numerous experts in their respective fields, including a talk presented by the Cement and Concrete Institute (C&CI) on the sustainability of the concrete industry. Established in 1976, PMSA is a leading manufacturer of a wide range of concrete block, brick and paving machinery, turbine and counter-current pan mixers and batching plants for the Concrete, Refractory and Ceramic industries. PMSA’s international product fair back by popular demand

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Page 1: Chryso acquisition of a.b.e. Construction Chemicals · Construction Chemicals, which started in February this year, has now reached its final stages. The move will result in a.b.e

Representatives from FLOORS attended an international product fair

showcasing the finest equipment and technology in the building

sector, which was successfully hosted by Pan Mixers South Africa

(PMSA) – one of Africa’s leading manufacturers of concrete block,

brick and paving machinery.

The fair, which was held on 15 and 16 September 2010 at PMSA’s

factory in Graniet Street, Jet Park, featured a range of new products,

including a European-manufactured Fiori self-loading concrete

mixer that has an on-board weighing system.

Following the success of last year’s event, PMSA hosted the fair for

a second year running to provide industry with the perfect opportu-

nity to learn more about new trends and technology in the industry.

PMSA director Walter Ebeling says: “We feel that it is our responsi-

bility as market leaders to showcase the technologies that are avail-

able to our customers. Last year’s fair was a great success, with more

than 400 people attending the two-day event. We have made this

year’s event bigger and better, with additional exhibitors, product

launches and demonstrations.”

Guest speakers at this event included Clem Sunter, a world-

renowned global strategist and scenario-planner, who held an

intriguing talk on the future of the South African construction

industry, and Jean Tresfon, who gave a presentation on ‘green’ build-

ing and how the concrete industry can capitalise on this growing

trend.

Attendees were also provided with tips and advice by numerous

experts in their respective fields, including a talk presented by the

Cement and Concrete Institute (C&CI) on the sustainability of the

concrete industry.

Established in 1976, PMSA is a leading manufacturer of a wide

range of concrete block, brick and paving machinery, turbine and

counter-current pan mixers and batching plants for the Concrete,

Refractory and Ceramic industries.

PMSA’s international product fair back by popular demand

98

N e w s

F LO O R S O c t o b e r N o v e m b e r 2 0 1 0

“Last year, Chryso expanded its product range to include

cementitious products such as grouts, repair materials, water-

proofing and other construction products. This move has been

extremely successful and the a.b.e. acquisition will accelerate our

growth into these market sectors.”

“Future plans for a.b.e. include reinforcing the management

team, upgrading the production facilities, and strengthening the

research and development programmes while using existing a.b.e.

channels into the market to intro-

duce new products that further

enhance the a.b.e. current product

range.”

“I am extremely excited about this

deal and see benefits for Chryso

and a.b.e. as well as for suppliers

and customers,” Seymore adds.

Chryso acquisition of a.b.e. Construction ChemicalsThe complex process of Chryso Southern Africa acquiring a.b.e.

Construction Chemicals, which started in February this year, has

now reached its final stages. The move will result in a.b.e. delist-

ing from the JSE, with Chryso taking ownership and manage-

ment control of the company by the end of September 2010.

Norman Seymore, the current managing director of Chryso, will

be CEO of both businesses after the acquisition is completed.

“Initially, a.b.e. and Chryso will run independently from one

another while integration possibilities and opportunities are

studied. However, there will be strong cooperation between all

the departments and divisions of the two companies,” explains

Seymore.

“Chryso Southern Africa has established itself as a major sup-

plier of concrete and cement admixtures in South Africa due to

its investment in plant infrastructure and new technologies as

well as technical and customer support. a.b.e. provides specialised

construction products to the building, civil engineering and main-

tenance industries, and is a long-standing and successful business

with a large network of branches and distributors,” he says.

Norman Seymore, MD of Chryso, will assume the posi-tion of CEO of both Chryso and a.b.e. Construction Chemicals, after the Chryso acquisition is completed.>>