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Olympia Capital will close Dunlop Industries (PVC tiles) and Tiespro Trading - based in Cape Town, South Africa. Tiespro is involved in making wooden products such as bathroom accessories, storage and shelving as well as ironing boards.
A statement from the firm said in 2013, Sh68.4 million was advanced to Tiespro for taking over the activities of Natwood Pty Ltd.
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