News 2007

Quarter 4, 2007

Final closing of LMCGF Parallel Trust l concludes on 31 December 2007.

During November 2007, LMCGF acquires a further 48.5 million Vox shares.

LMCGF purchases Royal Bafokeng’s remaining 38% shareholding in Libstar.

Libstar completes the acquisition of 60% of Amaro & Son and 70% of Orley Foods.

Quarter 3, 2007

Final closing of LMCGF concludes on 30 September 2007.

Libstar acquires an effective 60% interest in Montagu Foods.

York concludes the acquisition of Global Forest Products and South African Plywood through a reverse take-over.

Elementum, formed as a building services platform, acquires 87% of the shares in Inhep Electronics Holdings (Pty) Ltd.

Secondary buyout sale of Fuel Logistics to a consortium led by Actis completes.

Quarter 2, 2007

LMCGF concludes two consecutive transactions resulting in its initial investment in South Point.

Libstar acquires an effective 70% interest in Ribworld.

LMCGF commits to an investment in York as part of the equity refinancing required to fund York’s acquisition of Global Forest Products.

Quarter 1, 2007

LMCGF acquires approximately 20% of the AltX-listed telecommunications provider, DataPro in a transaction that part finances DataPro’s acquisition of Orion Telecom.

Libstar acquires an effective 55% interest in Continuum Outsource.

© 2020 Metier. All Rights Reserved. Metier’s Promotion of Access to Information manual is available on request. Metier Private Equity (Pty) Ltd, Lereko Metier Capital Growth Fund Managers (Pty) Ltd, Lereko Metier Sustainable Capital Managers (Pty) Ltd and Metier Sustainable Capital Managers (Pty) Ltd are licenced Financial Services Providers (Licence No: 44882, Licence No: 23261, Licence No: 44430 and Licence No: 48547 respectively) in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 and have Conflict of Interest Management Policies as required in terms of Section 3A of the General Code of Conduct.