Joonas & Co Ltd

What Joonas & Co Ltd does

Joonas & Co Ltd is a privately held Mauritian building-materials distribution and light-processing group founded in 1951 by Mr. Issack Joonas and his father Mr. Abdulla Joonas, incorporated as a limited liability company in 1974, and headquartered at 10, Louis Pasteur Street, Port Louis. The company operates as a one-stop shop for construction-sector customers, sourcing steel primarily from Arcelor Mittal (South Africa, Egypt, India, China), processing it in-house through state-of-the-art straightening, corrugating, decoiling, cutting, bending, and slitting equipment at two service centres, and distributing the finished products alongside ceramic tiles, sanitary ware, and hot dip galvanizing services. Distribution is executed from two well-stocked retail centres/warehouses, a dedicated tiles showroom opened in 2011 at the corner of Louis Pasteur and Royal Streets in Port Louis, a warehouse in Pailles, and an in-house delivery truck fleet serving customers across the island.

The customer base is split horizontally across construction companies (B2B, primary), individual consumers (B2C, primary for tiles and small-quantity steel), and architects and engineers (influencing specifications). Revenue is generated through one-time sales of steel products and tiles, bundled steel processing services, hot dip galvanizing professional services via the Galvabond Ltd subsidiary (operating since 1982 with 30 years of experience cited), and a property development stream executed through a joint venture with strategic partner 2tribes, currently developing The Element Bay Resort in Grand-Bay under the Real Estate Scheme (RES) which enables foreign property ownership in Mauritius. Pricing is quote-based and not publicly disclosed, reflecting the B2B/enterprise nature of the business mix.

The company has earned a place among the Top 100 Companies of Mauritius, contributes to the industrialization narrative of the country since the 1960s, and was restructured in 1990 to sharpen focus on steel and ceramic tiles. Beyond this, it holds exclusive distribution rights in Mauritius for ROMAN ceramic tiles from Indonesia (an ISO-certified manufacturer exporting to 50+ countries), owns the Galvabond hot dip galvanizing brand, and is recognized country-wide plus in neighbouring islands for product quality and customer service dedication.

Name

Joonas & Co Ltd

Legal name

Joonas & Co Ltd

Website

https://joonasco.com

Company type

Private

Founded year

1951

Operating status

Operating

Headcount range

1–10 employees

Short description

Joonas & Co Ltd is a privately held Mauritian building-materials distributor founded in 1951, supplying processed steel, ceramic tiles, sanitary ware, hot dip galvanizing services, and property development to construction firms, individuals, and design professionals across Mauritius.

Ownership category

akta.pro rank

Headquarters

HQ city

Port Louis

HQ country

Mauritius

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Steel Products Sales: Sale of steel reinforcing bars (6mm to 32mm), pipes, tubes, sheets, and metal products to construction companies and individuals. Products are imported from Arcelor Mittal and other suppliers, processed in-house, and sold as finished goods.
2. Steel Processing Services: Value-added steel processing including rebar decoiling, cut to length, cut and bend, sheet decoiling, corrugated forming, and strip slitting. These services are bundled with product sales.
3. Ceramic Tiles and Sanitary Ware Sales: Import and distribution of ceramic tiles and sanitary wares from Spain, India, Indonesia, and China. Exclusive distributor of ROMAN ceramic tiles from Indonesia. Products sold through showroom and retail centers.
4. Hot Dip Galvanizing Services: Hot dip galvanizing services offered through Galvabond Ltd subsidiary, providing long-term protection against rust and corrosion for metal products.
5. Property Development: Property development through strategic partnership with 2tribes. Currently working on The Element Bay Resort project in GrandBay (Bain Boeuf) under the RES (Real Estate Scheme) for foreign property ownership.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Joonas & Co Ltd is a Port Louis, Mauritius-based building materials supplier and one-stop shop serving the construction sector. The company imports, distributes, and processes steel products (reinforcing bars, pipes, tubes, sheets), ceramic tiles and sanitary wares (including exclusive ROMAN tiles distribution from Indonesia), provides hot dip galvanizing services through subsidiary Galvabond Ltd, and develops property through a strategic partnership with 2tribes (including The Element Bay Resort under the RES scheme).

Product overview

Joonas & Co Ltd is a building materials supplier operating as a one-stop shop for construction needs. The company offers four main product categories: (1) Steel Products including reinforcing bars, pipes, tubes, and sheets sourced primarily from Arcelor Mittal; (2) Joonas Tiles featuring ceramic tiles and sanitary wares imported from Spain, India, Indonesia, and China, with exclusive distribution of ROMAN ceramic tiles; (3) Galvabond hot dip galvanizing service for corrosion protection; and (4) Property Development through partnership with 2tribes, including The Element Bay Resort project.

Differentiator

Problem solved

Functional benefit

Brands

• Galvabond: Hot dip galvanizing brand offering long-term protection against rust and corrosion with 30 years of experience. Website: www.galvabondltd.com
• Joonas Tiles
• Joonas Steel

Products and services

• Steel Products Steel reinforcing bars, pipes, tubes, and sheets including mild steel rounds (6mm to 25mm), high tensile bars (8mm to 32mm), black and galvanized angles, flat bars, channels, hollow sections, and metal sheets, supplied primarily from Arcelor Mittal, to construction companies and individual buyers in Mauritius.
• Joonas Tiles (Ceramic Tiles & Sanitary Ware) Import and distribution of ceramic tiles and sanitary wares sourced from Spain, India, Indonesia, and China, including exclusive distribution of ROMAN ceramic tiles from Indonesia (Roman Granit line with Digital Technica, Rectified, Colored Body, Lapato, and Polished technologies, plus Roman Interlok for walls), available to retail and project customers through the Port Louis showroom.
• Galvabond Hot Dip Galvanizing Service Hot dip galvanizing service offered through subsidiary Galvabond Ltd, providing long-term protection against rust and corrosion for metal products, including galvanised steel sheet decoiling, galvanised corrugated forming and cut to length units, and galvanised steel strip slitting units for purling and roller shutters, with quality galvanizing and delivery services.
• Property Development Property development through strategic partnership with 2tribes, including residential projects like The Element Bay Resort in GrandBay (Bain Boeuf), designed under the Real Estate Scheme (RES) for foreign property ownership, with additional residential, commercial, and industrial projects in the pipeline.

Quantifiable outcome

• Among the main suppliers of steel in Mauritius
• +2 more outcomes

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• 2tribescoreStrategic or Co-development PartnerStrategic partnership for property development. Working together on The Element Bay Resort project in GrandBay (Bain Boeuf) under the RES (Real Estate Scheme). 2tribes is described as a young and dynamic team of professionals and entrepreneurs specializing in property management.
• ROMAN (Roman Granit)coreChannel Partner/ Reseller/ DistributorExclusive distributor of ROMAN ceramic tiles from Indonesia. ROMAN uses advanced technology from Italy in their production process and is ISO certified. They export to over 50 countries worldwide.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Mohawk Industries: US-based global flooring and ceramic surfaces manufacturer-distributor. Comparable to Joonas's tile distribution segment and its exclusive ROMAN partnership positioning within decorative surfaces for construction.
• Holcim Group: Swiss global building materials group with strong presence across Africa in cement, aggregates, and ready-mix. Comparable to Joonas as a multi-product construction input supplier operating into regional construction cycles.
• Boral Limited: Australian building materials and construction products group with integrated supply, manufacturing, and distribution. Comparable to Joonas's vertically integrated steel processing plus multi-product distribution model.
• Travis Perkins plc: UK building materials merchant serving trade customers and individual buyers through branch networks and own logistics. Closest one-stop-shop distributor analog to Joonas's retail centers plus processing plus fleet model.
• Saint-Gobain: French building materials giant with an African distribution arm and broad portfolio spanning construction products and distribution. Comparable to Joonas as a multi-category building materials distributor serving contractors and individual buyers.
• CRH plc: Ireland-headquartered multinational building materials group with vertically integrated production and distribution across aggregates, cement, and concrete products. Comparable to Joonas's integrated supply-plus-processing model for construction inputs.
• Wienerberger AG: Austrian global manufacturer of bricks, tiles, and building envelope solutions with broad distribution. Comparable to Joonas's ceramic tiles and steel distribution across residential and commercial construction end-markets.

Direct peers

• RAK Ceramics: UAE-based global tiles and sanitary ware manufacturer-distributor. Directly comparable to Joonas's exclusive-distribution model with ROMAN in ceramics and sanitary ware, serving construction and individual buyers via showroom and project channels.
• Roca: Spanish global sanitary ware manufacturer-distributor. Comparable to Joonas's sanitary ware and tiles segment through parallel distribution and showroom-led sales into construction and residential projects.

Regional players

• PPC Limited: South African cement, lime, and aggregates producer with regional African construction materials presence. Comparable as an African regional building materials supplier serving similar construction end-customers and dealing with imported-input cost structures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/joonas-co-ltd

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Joonas & Co Ltd