Growth Capital Partners is pleased to announce that it concluded an investment into Isowall Group (Pty) Ltd (“Isowall”) effective 1 March 2020.
Established in 1973 and purchased by Peter van Duyn in 1982, Isowall is the dominant polystyrene and panel manufacturer in South Africa as well as the leader in structural insulated panels in Africa. The overall focus of the Isowall Group is the manufacture and installation of Isowall Sandwich Panels, as well as the manufacture of Isolite expanded polystyrene and expanded polypropylene products.
Markets served are varied and Isowall manufactures products for customers in insulation, packaging, food storage and distribution, agriculture, construction and automotive industries. Isowall is certified with ISO9001:2015 and ISO14001:2015 and is also a JSP ARPRO approved moulder, supplying Isolite Shape Moulded EPP products to the automotive industry.
Isowall is characterised as being flexible, reliable, transparent, and efficient; and having a world class approach to its products, employees and the environment. Isowall has been internationally recognised for its ability to deliver on some of the highest quality standards in manufacturing and supply.
Employing approximately 300 employees at its facilities in Silverton, Isowall has developed closed-loop production systems for some of its manufactured products, demonstrating a world-class approach to environmental sustainability.
Growth Capital Partners provided the capital for the founding shareholders to de-risk and realise full value for a portion of their investment. They retained a meaningful shareholding and continue in their executive roles to drive growth and share in the future success of the Group.