Ethos Private Equity

Group Five in Talks With Private Equity, Ex-Chairman Says

Posted on by The Editorial Team
Group Five in Talks With Private Equity, Ex-Chairman Says

JOHANNESBURG (Capital Markets in Africa) – Group Five Ltd. has received expressions of interest in the South African construction company from private equity firms and is still talking to one of them, according to outgoing Chairman Philisiwe Mthethwa. “That discussion with the private equity fund is ongoing,” she said by phone on Tuesday, declining to name the suitor because the talks are confidential. The Johannesburg-based company hasn’t received a “bona fide offer” and hasn’t rejected any…

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Ethos-backed Twinsaver Group diversifies via acquisition of Validus Medical

Posted on by The Editorial Team
Ethos-backed Twinsaver Group diversifies via acquisition of Validus Medical

Johannesburg (Capital Markets in Africa) – The Twinsaver Group (Twinsaver), the manufacturer of branded tissue products in South Africa, today announced its acquisition of Validus Medical (Validus), a leading manufacturer of hygienic disposable products. The sale, which is subject to regulatory and Competition Commission approval, signals a new chapter in Twinsaver’s journey as it focuses on establishing the business as a diversified FMCG company. Speaking on the transaction, Garth Towell, CEO at The Twinsaver Group,…

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