Sappi Concludes Lomati Sawmill Sale to Normandien Farms with Handover Set for September 2025
Written by: BizCommunity Editor Save to Instapaper
Importantly, the approval has been granted without conditions, enabling Sappi to move ahead with the implementation phase of the transaction with the handover planned for 01 September 2025.
In terms of the agreement, Sappi will transfer Lomati and its assets as a going concern, ensuring all current Lomati employees benefit from continued employment. Lomati is a legacy business in the Sappi portfolio, and this transaction presents an opportunity to transition ownership to an experienced industry player capable of driving future growth and transformation. Normandien is a reputable, privately owned South African industrial company operating in the sawmilling industry as Tekwani, and is also the owner of the fast-growing South African Thirsti bottled water business.
Sappi remains confident that this transaction is in the best interests of all stakeholders. It enables us to focus on developing and growing our core businesses in Mpumalanga. We are committed to supporting a smooth handover that sustains employment and unlocks new growth potential for the mill, to the benefit of the greater Umjindi community.
Commenting on the transaction, Sappi Southern Africa CEO Graeme Wild said: “We are pleased to have concluded the sale of the Lomati Sawmill to Normandien Farms. This transaction is in line with Sappi Southern Africa’s strategy to unlock value and focus on our key product segments of dissolving wood pulp and containerboard. Importantly, it also ensures the continued operation of the mill and the retention of jobs, which will benefit the greater Umjindi community. Our commitment to Mpumalanga remains strong through our forestry operations in the province.”
Normandien Farms CEO Sean Hoatson added: “The Lomati Sawmill fits perfectly with our strategy to expand our footprint in the South African timber industry. We look forward to building on the strong foundation established by Sappi and unlocking new opportunities for growth and innovation.”
Get new press articles by email
We submit and automate press releases distribution for a range of clients. Our platform brings in automation to 5 social media platforms with engaging hashtags. Our new platform The Pulse, allows premium PR Agencies to have access to our newsletter subscribers.
Latest from
- 7 Business Trends Your SME Can Leverage In 2026
- Sadilar Amplifies Visibility And Impact During Conference Season
- Future-ready Logistics- 5 Shifts TO Watch In 2026 (SUB-saharan Africa)
- Dunlop Urges Motorists To Prioritise Tyre Safety On The Busy Joburg To Cape Town Festive Route
- Poverty Trends Report Shows National Progress But Flags Growing Challenges In Gauteng
- SDG Challenge SA 2025 Highlights The Power Of Youth Innovation In Shaping A Sustainable Future
- Experienced Industry Leader Pauli Van Dyk Named Dean Of AFDA’s Upcoming Hatfield Campus
- South Africans Keep Tourism Alive As Homegrown Travel And Local Spending Rise
- Pretoria Student Wins Global Excel Esports Competition
- AfDB Steps Up Support For Somalia With $76m Investment In Roads And Regional Integration
- Corporate Law Experts Warn Directors Of Serious Consequences For Improper Transaction Approval
- New 3% Inflation Target Begins To Shift Expectations In South African Economy
- Retail As A Development Catalyst Drives New Africa Developments’ Inclusive Growth Strategy
- Collaborative SEF Model Shows How Civil Society And State Can Rebuild Economic Trust
- Shumani Accelerates Industrial Growth With Bheka Forklifts And New Equipment Plans For 2026
The Pulse Latest Articles
- Education Is The Frontline Of Inequality, Business Must Show Up (December 11, 2025)
- When The Purple Profile Pictures Fade, The Real Work Begins (December 11, 2025)
- Dear Santa, Please Skip The Socks This Year (December 10, 2025)
- Brandtech+ Has 100 Global Creative Roles For South African Talent (December 9, 2025)
- The Woman Behind Bertie: Michelle’s Journey To Cape Town’s Beloved Mobile Café (December 9, 2025)
