mergers and acquisitions Archives

09 May 2023

dsm-firmenich launches as an innovator in nutrition, health and beauty

By Staff Writer

The successful merger of DSM and Firmenich is confirmed by the launch of dsm-firmenich, a new company that brings together one of the largest innovation and creation communities in nutrition, health and beauty. With a nearly 30 000 strong team and unparalleled capabilities built on more than a century of cutting-edge science, dsm-firmenich will be...

13 Jan 2023

Apex Group acquires the Maitland business

By Staff Writer

Maitland’s 570 employees will join the Group, expanding its existing presence in the UK and grow its recently established footprint in South Africa.

01 Dec 2022

Sanlam and Absa combine investment businesses

By Staff Writer

The transaction sees Absa exchanging its investment management business, Absa Investments, for a stake in Sanlam Investment Holdings.

30 May 2022

Sanlam Private Equity acquires controlling interest in Q LINK

By Staff Writer

Q LINK provides payment application software that manages deductions in both the payroll and bank collection streams.

30 May 2022

Aluwani management to fully own Aluwani Capital

By Staff Writer

Post the transaction, Aluwani's shareholding will be majority held by founding members and staff.

28 Jun 2019

African Phoenix to sell Stangen to King Price

By Janice Roberts

African Phoenix Investments Limited today announced the signing of an agreement to sell its interest in The Standard General Insurance Company Limited, a niche life insurer that provides a range of insurance products designed for individuals and community groups across the assistance (funeral), disability, health and life insurance sectors. African Phoenix will dispose of 100%...

30 Jan 2019

M&A deal value down in 2018 but improvement expected in 2019

By Janice Roberts

The South African economy’s dismal performance in 2018 – and the risk-off sentiment towards emerging markets in general – resulted in poor M&A deal values in 2018, but 2019 looks set to offer an improvement in M&A activity in the country. According to the Global Transactions Forecast (Forecast) issued by global law firm Baker McKenzie...