Argent Industrial Limited
4,328.00
ZAC
+98.00
(+2.32%)
Argent Industrial Limited
JSE:ART
(Johannesburg Stock Exchange)
Recent
price
4,328.00
P/E
ratio
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Argent Industrial Limited manufactures and trades steel and steel-related products, operates a diversified portfolio of industrial manufacturing and engineering businesses, and holds a property portfolio. The company, founded in 1992 and headquartered in La Lucia, South Africa, lists on the Johannesburg Stock Exchange under the ticker ART.JO and conducts operations across South Africa, the United Kingdom, North America, Canada, Asia, the Middle East, Australia, and New Zealand. Its core products and services encompass security gates, burglar bars, roller shutters, sectional doors, and expanding barriers from Xpanda; custom-made adjustable louvre shutters from American Shutters; aircraft refuelling vehicles and systems from Fluid Transfer Group; support, servicing, spares, and upgrades for refuelling applications from Flofuel Support; braai stands and fireplaces from JetMaster; ladders, fibreglass ladders, trolleys, castors, and accessories from Castor and Ladder; overhead cranes, hoists, and lifting equipment from Pro Crane Services; fuel storage tanks from Fuel Proof; speed control retarder systems, rail car stoppers, and frog stoppers from New Joules; underground scrapers, wear parts, grizzly frames, segments, and allied mining equipment from Hendor Mining; metal gates, fencing, railings, timber gates, and metal decking fence panels from Burbage Iron Craft and Cannock Gates; stainless steel and aluminium in sheets, plates, coils, flats, angles, tubes, and pipes from Gammid and Phoenix Steel; materials handling equipment from Partington Engineering; roll-over protection bars for construction machinery from Roll-tec Safety; ready-mix concrete, mortars, concrete pumping, and crushed stone products from Megamix; industrial doors from OSA Door Parts; modular buildings, offices, mess units, toilet, and shower blocks from Mersey Container Services; retractable security gates from Xpanda Canada; and raw materials for construction and infrastructure from Argent Industrial Engineering and Koch’s Cut & Supply, including cut-to-length, blanking, tube manufacture, and flame cutting services. In recent developments, Argent Industrial announces category 2 acquisitions, including the entire issued share capital of Standmode Limited in 2024, alongside ongoing share repurchases, such as ordinary share repurchases in July 2025, and releases short form interim results for September 2024 and year-end 2024 results, reflecting continued strategic expansion through mergers, divestitures like category 2 disposals, and black economic empowerment compliance. The group maintains a vertically integrated structure across manufacturing, steel trading, and properties segments, targeting construction, mining, aviation, rail, and infrastructure markets with branded consumer and industrial goods sold locally and internationally.