GKA SOLD 25% OF KENTZ TO THEBE
The Kentz Group of companies is engaged in engineering and construction in a wide range of industry sectors and geographic regions.
The sectors/industries in which they are active include hydrocarbons process, power, water, industrial, telecommunications, infrastructure and environmental.
The group employs over 5 000 people in Europe, Africa, the Middle East, Russia, Asia-Pacific and the Americas. It has operating subsidiaries in 18 countries and a forecasted turnover for 2005 of $300m. By comparison, Kentz Africa is active in all of these sectors, employs 793 people in three countries and had a forecasted turnover for 2005 of R917m ($152m) or 51% of the group.
GKA Capital, working with its Polish associate Aventis Capital, provided advisory services to Coast 2 Coast Capital and Ascendis Health Ltd. on the acquisition of Scitec International S.à.r.l.
The Transaction
Ascendis Health Ltd. acquired 100% of the share capital of European based Scitec International S.à.r.l. in August 2016. This acquisition established an international platform for Ascendis in the sports nutrition and nutraceutical spaces while complementing their Consumer Brand product strategy.
About Ascendis
Ascendis Health, listed on the Johannesburg Stock Exchange (JSE) since 2013, is a health and care brands company operating in plant, animal and human health.
GKA SOLD 25% OF WADE WALKER TO SAFIKA
Wade Walker was founded in 1981 in Wynberg, Johannesburg. Wade Walker provides main contractor clients with a broad range of services in the electrical and instrumentation construction fields. The present chief executive officer, Steve Walker, was one of the founders.
Industries serviced include:
-
Mining
-
Water treatment
-
Petrochemical
-
Iron and steel
-
Environmental and power
Projects have been executed in all areas of South Africa and Africa, along with projects in Zambia, Tanzania, Ghana, Mozambique and Namibia.
Completed Deals