Italtile Limited acquired a majority stake in Ceramic Industries
Ceramic Industries is the largest South African manufacturer of ceramic tiles and sanitaryware. Italtile Limited acquired 75% of Ceramic Industries
Merchantec Capital was established in 2000 by Don Truda and Brian Rainier to provide specialised corporate finance services to small and mid-cap companies in the South African market. It has grown significantly in the last 14 years to become the largest independent corporate finance business in South Africa, led by four JSE-approved Sponsor Executives, representing all facets of the business. Clients include over 80 listed companies listed on the JSE as well as numerous private clients.