Example of mergers in south Africa
1. Vodacom Group Limited and Neotel: In 2016, Vodacom, a major telecommunications company in South Africa, acquired Neotel, a provider of communication services and network solutions. The merger allowed Vodacom to expand its network infrastructure and range of services in the South African market.
2. SABMiller and Anheuser-Busch InBev: In 2016, global brewing companies SABMiller and Anheuser-Busch InBev merged to create the world's largest beer company. The merger had significant implications for South Africa, where SABMiller was founded and had a significant presence in the beer market.
3. Murray & Roberts and Aveng: In 2019, construction companies Murray & Roberts and Aveng announced plans to merge their South African and Australasian operations. The merger was intended to create a stronger, more competitive entity in the construction industry.
4. Bidvest Group and Adcock Ingram Holdings: In 2014, diversified conglomerate Bidvest Group acquired a majority stake in pharmaceutical company Adcock Ingram Holdings. The merger provided Bidvest with a foothold in the healthcare sector and expanded Adcock Ingram's distribution network.
5. Remgro Limited and Siyaya Holdings: In 2017, investment holding company Remgro Limited acquired a stake in Siyaya Holdings, a logistics and transport services provider in South Africa. The merger enabled Remgro to diversify its investment portfolio and expand its presence in the transportation industry.