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Mergers & Add-ons

EFG Hermes buys 50% FIM stake for $21.5mln

July 23, 2017

In line with its strategy to expand its asset management business, EFG Hermes, the Egyptian investment bank, is paying $21.5 million for a 50% stake in Frontier Investment Management Partners or FIM [more...]

Mobisol acquires Kenya’s Lumeter

July 3, 2017

Mobisol, the provider of off-grid solar home systems in Africa which was backed by Investec Asset Management in October last year, is making a deal of its own and acquiring Lumeter, the pay-as-you-go [more...]

Imara Trust acquires FiducieForte

March 26, 2017

Imara Trust, the trust and corporate services subsidiary of Imara Holdings, has bought out Mauritius-based management company FiducieForte Management Services, increasing the size of their business [more...]

PIC-backed Afrisam in merger talks once again

February 19, 2017

PPC, the publicly listed cement maker, has announced that it is in merger talks once again with unlisted rival Afrisam, which is majority owned by the Public Investment Corporation, the South African [more...]
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