Infra Market Divests 10% Stake in RDC Concrete, Securing $20 Million

06 Dec 2023 CW Team

Infra Market has executed a strategic divestment, selling a 10 per cent stake in RDC Concrete and generating an impressive $20 million in funds. This financial move signifies a proactive step by Infra Market to fortify its position in the market and fuel its expansion initiatives.

The divestment strategy is expected to inject fresh capital into Infra Market's operations, enabling the company to pursue ambitious growth plans and capitalize on emerging opportunities in the allied industries sector. The transaction highlights the confidence of investors in the potential and trajectory of Infra Market and its strategic investments.

RDC Concrete, as a key player in the concrete industry, is poised to benefit from this divestment, as the influx of funds can contribute to the enhancement of its production capabilities and overall market presence. The deal reflects a collaborative effort between Infra Market and RDC Concrete to optimise resources and drive mutual success in the competitive landscape.

As Infra Market successfully secures $20 million through the divestment of its stake in RDC Concrete, the company is well-positioned to navigate the dynamic market conditions and make strategic investments that align with its long-term vision. This financial maneuver not only strengthens Infra Market's financial standing but also underscores its commitment to innovation and growth in the allied industries and infrastructure sectors.

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