PPC acquires three quarries in Botswana

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Africa focused cement maker, Pretoria Portland Cement (PPC), has announced the acquisition of three aggregate quarries in the country from Quarries of Botswana for P50 million (US$6.8 million).

In a statement, the company said that the acquisition, which comprises three quarries in Gaborone, Francistown and Selebi -Phikwe is part of its Southern Africa expansion strategy. PPC already owns the Kgale quarry  - situated in Gaborone's Kgale Hills, which mainly supplies an extensive range of granite products to the civil construction industry.

The three new quarries will expand PPC's footprint and make PPC's aggregates division the largest aggregate producer in Botswana, the company has said.

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