Our History

1950’s

The Carbonates operation was bought by Anglo Alpha. Anglo Alpha, a cement producer (owned by Holderbank AG), also operated a Lime operation.

1975

Mining of Limestone began in Danielskuil.

1986

Lime Distributors, our Lime plant based in Vereeniging started operating.

1998

As Anglo Alpha wanted to focus on cement a MBO was concluded of the Industrial / Lime divisions resulting in the formation of Idwala Industrial Holdings Limited.

2004

In April 2004 Idwala was purchased by a consortium led by the Tiso Group which obtained controlling interest in the Company. The consortium included Tiso Private Equity Fund 1 and a Rand Merchant Bank Private Equity company.

2008

In December 2008 a refinancing of Idwala resulted in a shareholding change in which Tiso maintained a majority stake and Rand Merchant Bank Private Equity Company exited to make way for Ethos and Old Mutual.

2016

Synthesis Chemical Holdings (Pty) Ltd (an IEP Group company) acquired the majority shareholding in Idwala.

2018

In July 2018 our parent company IEP created The Bud Group into which IEP’s major platforms were transferred.