The art of deal-making – Afrimat’s Andries van Heerden

Chief executive of Afrimat, Andries van Heerden, talks about the art of deal-making, as the mid-tier miner has recently acquired Glenover Phosphate. Afrimat’s management is known for being one of the best capital allocation teams in the JSE. The share has been a star performer on the local bourse for the better part of a decade. Afrimat has transformed itself from a building materials-focused business to a mid-tier miner, well diversified with exposure to many different commodities. Andries talks about the due diligence processes and ‘template’, which management follows when going about a deal and the reasons behind its repeated success. Learn more about your ad choices. Visit megaphone.fm/adchoices