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In 2006

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Robor Acquisition Finalised

Robor, a R1, 7-billion a year supplier of world-class steel tube and pipe and related value-added products, has been purchased from the Barloworld Group at a cost of R480-million by a management-lead consortium. The deal became unconditional on 1 December 2006, heralding the start of one of very few companies in the industry genuinely owned by management and staff.

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