Deneb Group Structure

Formex Industries is a constituent of the DENEB Group, which operates as a subsidiary under Hosken Consolidated Investments Limited (HCI).

This multifaceted organization maintains interests in a diverse array of companies spanning various industries.

DENEB is strategically divided into three distinct segments with Formex residing under the manufacturing segment.

A succinct overview of the structural framework of the Deneb Group ensues.

Deneb Shareholders & Investments


Manufacturers of a wide variety of mainly industrial products for the mining, agricultural, construction, automotive, medical, hospitality and retail markets. The businesses operating in this segment are Blue Reef Water Solutions, Brits Nonwoven, Custom Extrusion, Formex Industries, Gold Reef Speciality Chemicals, Integrated Polypropylene Products, Premier Rainwatergoods, Romatex and Explorius.


Vega Group Properties owns and manages a portfolio of industrial and commercial properties situated in KwaZuluNatal and the Western Cape with a market value in excess of R1,4 billion.

Branded product distribution

This segment is responsible for the sourcing and distribution of branded products. The businesses operating in this segment include Prima Toys, Butterfly Products, Prima Interactive, Oops, Seartec, HTIC and Sirius Sales. These enterprises supply and distribute an extensive selection of prestigious brands predominantly to the South African consumer.