R100m entity formed by Salberg, Ubuntu merger

23 May 2014

Precast concrete specialists Salberg Concrete Products and Ubuntu Pre-Cast have merged to form a new company with an estimated yearly turnover of R100-million.

The 51% black-owned company will retain the name Salberg Concrete Products, as it is a well-known brand in the market, said the new entity’s chairperson, Barbara Parker, at the launch in Centurion.

Parker’s father, Dave Salberg, formed Salberg in 1972, using a new method to manufacture concrete manholes, for which he filed two patents. He also developed the Salberg machine, a tough and easy-to-use machine used to produce precast products.

Ubuntu was formed by Russel Samuels, an engineer by training and former Murray & Roberts director, and originally funded by brother Darin Samuels.

Russel is the CEO of the new merged entity which employs around 200 people.

Russel said the new company aimed to grow to rival the country’s major precast companies, and to gain market share through outstanding service delivery.
By: Irma Venter

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