Posts by savca

Phatisa backs Kanu's vision to build Africa's leading equipment business | Phatisa

Phatisa has reached an agreement with JSE-listed Torre Industries Limited (Torre), whereby Phatisa and Kanu management buy Torre’s remaining shareholding in Kanu Equipment Limited (Kanu). The purchase takes Phatisa’s shareholding to 85%, with Kanu management increasing their stake to 15%. Established in 2012, Kanu is a leading African heavy-equipment supplier of purpose-fit equipment, providing quality maintenance and…

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