Giacomo Mareschi Archives – CEO East Africa

Billionaire steel magnate, Sikander Lalani steels show on 79th birthday; ‘gifts’ himself 4th steel factory⏤ a 150,000 per annum cold rolling mill

Muhereza KyamuteteraCompany News The Big StoryOctober 5, 2023October 5, 2023

Billionaire, Sikander Lalani’s Roofings Group, yesterday, 4th October 2023 kickstarted the construction of its phase 4 expansion phase⏤ a 150,000 tonnes-a-year cold rolling plant at the Kampala Industrial Business Park (KIBP) in Namanve, on the outskirts of Kampala City. This is the fourth expansion phase after the company established its first USD 2 million investment into an iron sheets plant in Lubowa. This was in 2010, expanded to include a combined 130,000 tonnes-a-year wire galvanizing plant and melt shop, and shortly in 2012 by a plastic pipes plant under the Roofings Polypipes subsidiary also at Lubowa. In the third expansion…

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Roofings Rolling Mills, selects Danieli, an Italian top supplier of metal equipment for its latest expansion

Muhereza KyamuteteraThe Big StoryDecember 20, 2022October 6, 2023

Roofings Rolling Mills, Uganda’s largest steel company, has signed a contract with Danieli Group, an Italian supplier of equipment and physical plants to the metal industry to supply a new cold-rolling mill, hot-dip galvanising, colour-coating and side-trimming line. The new lines will be installed at the Kampala Industrial Business Park, Namanve site and will be ready by mid-2024, according to a media advisory by the Danieli Group. The advisory didn’t say how much the deal was worth. The contract was signed by Sikander Lalani, the Roofings Group Chairman and Founder and Giacomo Mareschi, the Danieli Group Chief Executive Officer. …

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