Sephaku Holdings

What Sephaku Holdings does

Sephaku Holdings Limited is a JSE-listed South African investment holding company founded in 2005, focused on the building and construction materials sector. The group operates through two principal platforms: a 100%-owned subsidiary, Métier Mixed Concrete Proprietary Limited (acquired February 2013), which supplies ready-mixed concrete products across 15 plants in Gauteng and KwaZulu-Natal provinces, including a mobile plant; and a 36% equity stake in SepCem (Dangote Cement South Africa Proprietary Limited), an associate company in which Dangote Cement Plc holds the remaining 64%.

SepCem constitutes the cement manufacturing backbone, comprising the Aganang integrated plant (limestone open-cast quarry plus cement milling with 1.3 million tonnes per annum capacity, located between Lichtenburg and Mahikeng in North West province) and the Delmas milling plant (1.5 mtpa capacity with 22,000 tonnes of silo storage), supplemented by Sephaku Ash operations that repurpose fly ash from Kendal Power Station as a cement extender. Combined cement manufacturing capacity stands at 2.8 million tonnes per annum, and the plants use German-engineered Loesche mills and other European equipment to maximise operational efficiency. Métier specialises in technical high-value concrete products customised for residential, commercial, and industrial construction customers.

Sephaku generates revenue through hardware sales of cement and concrete products. SepCem distributes through major retailers, second-tier distributors, and bulk cement users including ready-mixed concrete manufacturers, while Métier supplies concrete directly to construction markets via its 15-plant regional network. SepHold serves as the listed parent entity with executive leadership (CEO Kenneth Capes, FD Neil Crafford-Lazarus) and an independent board, applying King IV governance principles and holding current BBBEE certification for South African procurement eligibility.

Name

Sephaku Holdings

Legal name

Sephaku Holdings Limited

Website

https://sephakuholdings.com

Company type

Public

Founded year

2005

Operating status

Operating

Short description

Sephaku Holdings is a JSE-listed South African holding company operating in building and construction materials through 100%-owned Métier Mixed Concrete (15 ready-mix plants in Gauteng and KwaZulu-Natal) and a 36% stake in SepCem, a 2.8 mtpa integrated cement manufacturer partnered with Dangote Cement.

Ownership category

akta.pro rank

Product category

Building Materials (Cement and Ready-Mixed Concrete)

NAICS

Cement and Concrete Product Manufacturing (3273), Ready-Mix Concrete Manufacturing (32732)

SIC

Concrete, Gypsum & Plaster Products (3270)

akta.pro primary industry

Mortar, Grout & Masonry Cements (IMADABAL)

akta.pro secondary industry

Concrete Masonry Units (CMU) & Segmental Concrete Products (IMADAAAC)

Keywords

• Cement manufacturing
• Ready-mixed concrete
• Construction materials
• Building materials supply
• Cement distribution

Headquarters

HQ city

Gauteng

HQ country

South Africa

HQ region

Africa

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Cement manufacturing, marketing and distribution: SepCem's main business activity is the manufacture, marketing and distribution of high-quality cementitious products to a broad spectrum of cement users including retailers, distributors, and bulk users
2. Ready-mixed concrete products: Métier's core business is the manufacture and supply of quality ready-mixed concrete products for the residential, commercial and industrial markets, including specialised high-value concrete products customised to meet unique customer requirements

Go-to-market motion1 record

Distribution channels4 records

Marketing channels2 records

Core offering

Sephaku Holdings is a JSE-listed investment holding company focused on the building and construction materials sector in South Africa. Through its 36%-owned associate SepCem, it manufactures cement at the Aganang integrated plant and Delmas milling plant (combined 2.8 million tonnes per annum capacity), and through its 100%-owned subsidiary Métier Mixed Concrete, it supplies ready-mixed concrete — including specialised high-value customised products — from 15 plants across Gauteng and KwaZulu-Natal.

Product overview

Sephaku Holdings operates a portfolio of building and construction materials businesses focused on cement and ready-mixed concrete. The company holds 36% equity ownership in SepCem (Sephaku Cement), which includes the Aganang integrated plant, Delmas milling plant, and Sephaku Ash operations with combined cement manufacturing capacity of 2.8 million tonnes per annum. Separately, the company owns 100% of Métier Mixed Concrete, a ready-mixed concrete supplier operating 15 plants across Gauteng and KwaZulu-Natal provinces, specializing in technical high-value concrete products for construction markets.

Differentiator

Problem solved

Functional benefit

Products and services

• SepCem (Sephaku Cement) Cement manufacturing and distribution business comprising the Aganang integrated plant (1.3 mtpa milling capacity), Delmas milling plant (1.5 mtpa capacity), and Sephaku Ash operations. SepHold holds 36% equity in SepCem (Dangote Cement South Africa), with Dangote Cement Plc holding the remaining 64%. Products are distributed to major retailers, second-tier distributors, and bulk cement users including ready-mixed concrete manufacturers.
• Aganang Integrated Plant Primary cement production facility located between Lichtenburg and Mahikeng in North West province, consisting of a limestone open-cast quarry and integrated cement production plant with milling capacity of 1.3 million tonnes per annum. Part of SepCem's operations.
• Delmas Milling Plant Cement-milling facility located in Delmas with production capacity of 1.5 million tonnes per annum of cement and silo storage capacity for 22,000 tonnes of bulk product. Processes approximately 55% of clinker transferred from Aganang plant. Part of SepCem's operations.
• Sephaku Ash Operation that acquires and removes waste ash from the coal-burning process at Kendal Power Station. The ash produced is used as a cement extender at the Delmas plant. Part of SepCem's operations.
• Métier Mixed Concrete 100%-owned subsidiary of Sephaku Holdings supplying ready-mixed concrete and related products including specialised high-value concrete products customised to meet unique customer requirements. Operates 15 plants (7 in Gauteng province, 7 in KwaZulu-Natal province, and 1 mobile plant) and serves residential, commercial, and industrial construction markets.

Quantifiable outcome

• First new cement entrant in South Africa since 1934
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Dangote Cement South Africa (SepCem)coreStrategic or Co-development PartnerSepCem was the first new entrant into the South African cement market since 1934, comprising the Aganang integrated plant, Delmas milling plant, and Sephaku Ash operations. SepHold holds 36% equity in SepCem as an associate investment.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Cimentos de Moçambique SARL: Mozambican cement producer serving domestic and regional construction markets. Comparable cement manufacturing and distribution model, focused on a neighbouring geography in southern Africa.
• Tanga Cement Company Limited: Tanzania-based cement manufacturer operating in East Africa with comparable integrated cement production and distribution. Same product category as SepCem, though anchored in a different geography.

Direct peers

• PPC Ltd: South Africa's largest and most historic cement manufacturer, JSE-listed, with integrated plants and a national ready-mix footprint. Directly competes with SepCem for the same South African cement and ready-mix customers.
• Mamba Cement Company (Pty) Ltd: South African cement manufacturer producing a comparable range of cementitious products for construction and ready-mix applications, competing in the same domestic market as SepCem.
• NPC Intercement (formerly Natal Portland Cement): South African cement producer with a long-established plant footprint and distribution network. Directly comparable product mix and competitive positioning to SepCem in the domestic cement market.
• AfriSam (South Africa) (Pty) Ltd: Major South African producer of cement, aggregate and ready-mix concrete, with plants and readymix operations across South Africa. Competes directly with SepCem in cement and with Métier in ready-mixed concrete.

Broad incumbents

• BUA Cement Plc: Nigerian-listed cement producer with integrated plants and pan-African ambitions. Operates in the same cement category as SepCem, with expansion overlap on the African continent.
• Lafarge Africa Plc / LafargeHolcim: Global building-materials major with established cement and ready-mix operations across Africa (including South Africa). Overlaps with SepHold in cement and concrete product categories but at materially larger scale.
• Dangote Cement Plc: Africa's leading cement producer (29.25 mtpa Nigerian capacity), the 64% parent of SepCem. Highly comparable business model and product category, and provides the partnership template behind SepHold's cement platform.

Others

• Ash Resources (Pty) Ltd: South African processor of coal-ash by-products (such as fly ash) used as cement extenders. Adjacent participant in the cement value chain that informs the operating context for Sephaku Ash at Delmas.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sephaku Holdings