1. Home >
  2. M&A >
  3. Divestiture >
  4. Nigeria >
  5. Business Connexion Group Acquires Panabiz International

M&A Deal Summary

Business Connexion Group Acquires Panabiz International

On March 11, 2014, Business Connexion Group acquired technology hardware company Panabiz International from Tolaram Group

Acquisition Highlights
  • This is Business Connexion Group’s 1st transaction in the Technology Hardware sector.
  • This is Business Connexion Group’s 1st transaction in Nigeria.

M&A Deal Summary
Date 2014-03-11
Target Panabiz International
Sector Technology Hardware
Buyer(s) Business Connexion Group
Sellers(s) Tolaram Group
Deal Type Divestiture

Target

Panabiz International

Lagos, Nigeria
Panabiz International Ltd. is a customer focused company that provides the latest generation office automation equipments to a wide variety of customers.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Business Connexion Group

Midrand, South Africa
Category Company
Sector Information Technology
DESCRIPTION

Business Connexion Group Ltd. is a provider of advanced information and communication technology (ICT) products, services and solutions.

DEAL STATS #
Overall 1 of 3
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Nigeria M&A 1 of 1
Year: 2014 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-25 ANCO IT Pty

Centurion, South Africa

ANCO IT Pty Ltd. is a specialist provider of Oracle business solutions.

Buy -

Seller(S) 1

SELLER

Tolaram Group

Singapore, Singapore
Category Company
Founded 1948
Sector Diversified
DESCRIPTION

Tolaram Group is a diversified company consisting of consumer goods, infrastructure, energy, digital services and other interests which include distribution, financial services, paper products, real estate and textiles.

DEAL STATS #
Overall 1 of 1
Sector: Technology Hardware M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Nigeria M&A 1 of 1
Year: 2014 M&A 1 of 1
Mergr

Solution for

Product

Company

Legal