COMPANY:

iDwala

INVESTMENT YEAR: 2009
BUSINESS DESCRIPTION: Industrial minerals manufacturing and distribution
INVESTMENT PARTNERS: Management, Old Mutual Private Equity and Tiso Group
FUND: Ethos Fund V
ENTERPRISE VALUE (R'M): R2,9bn

iDwala Facts

  • iDwala means "rock"or "stone"in Zulu
  • iDwala's carbonates division was originally established in 1946 (called SA Quarry Industries)
  • To date, iDwala has constructed 30 houses at their Kulu site for underprivileged families.