Investment Summary

Exits Franki Africa

On July 1, 2003, invested in construction company Franki Africa from Brait SE

Investment Highlights
  • This is transaction in the Construction sector.
  • This is transaction in South Africa.

Investment Summary
Date 2003-07-01
Target Franki Africa
Sector Construction
Sellers(s) Brait SE
Deal Type Secondary Sale

Target

Franki Africa

Bramley, South Africa
website
Franki Africa (Pty) Ltd. celebrated its sixtieth year of operating in South Africa in November 2006, making it the oldest geotechnical contracting company in the Southern African region. Franki Africa was originally founded as a branch of Frankipile, a large, Belgium-based, well-renowned, international geotechnical company, which itself was established in 1909. Whilst the ownership of Frankipile changed over the years, the South African operation maintained its steady performance and, in doing so, enhanced and consolidated its reputation as the leader in its field in Southern Africa.

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Seller(S) 1

SELLER

Brait SE

website

Category Private Equity Firm
Founded 1991
Size Large
Type Sector Agnostic
DESCRIPTION

Brait is an investment holding company focused on realising growth and value creation from its existing portfolio of sizeable, unlisted businesses operating in the broad consumer sector. Brait’s share are primarily listed on the Luxembourg Stock Exchange, with a secondary listing on the JSE. Brait Private Equity was founded in 1991and is located in San Gwann, Malta.

DEAL STATS #
Overall 11 of 16
Sector (Construction) 1 of 1
Type (Secondary Sale) 3 of 3
Country (South Africa) 11 of 16
Year (2003) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-01 AstraPak

Johannesburg, South Africa

AstraPak Ltd. is a provider in the design, development, technology and manufacturing of moulded, formed and rigid plastic packaging products. It has two segments: Flexibles, which manufactures high-density polyethylene films, low-density single-and multi-layered films, plain and printed films, co-extruded film, blown film, film for pallet stretch wrap, industrial pallet shrink shroud, shade netting and reinforcing materials for concrete, and Rigids, which manufactures plastic closures for rigid containers and jars, clear packaging containers, industrial cores, tubes and composite cans, paper edgeboard used for pallet stabilisation, and blow-moulding and decoration of rigid plastic containers and jars.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-11-01 Fuel

South Africa

Fuel is a Logistics and Transport company.

Sell -
Mergr

Product

Company

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