A New Era Begins
As of Tuesday, April 1, 2025, Much Asphalt officially parted ways with the AECI group, marking the start of a transformative era for the company. Managing director Bennie Greyling praised the dedication of the Much Asphalt team, who worked tirelessly over months to reach this milestone while maintaining their commitment to meeting customer needs.
Old Mutual Private Equity and Sphere to acquire Much Asphalt
Old Mutual Private Equity (OMPE) and Sphere Investments (Sphere) have announced they have concluded an agreement with Johannesburg Stock Exchange listed AECI Limited to acquire 100% of Much Asphalt alongside the Much Asphalt Management team.
BUILDING PARTNERSHIPS THROUGH TRAINING
We are proud of the support we offer customers working to maintain our municipal roads. It’s a big job and we hope we can help contractors to produce asphalt road surfaces that stand the test of time. Read about how we form enduring relationships with these customers in the latest issue of IMIESA.
