All posts tagged Brait

Gnodde_John _Brait

Brait et al. close $2.45bn Iceland deal

South Africa’s Brait Capital has backed a $2.45billion (£1.55billion) investment in UK-based frozen foods retailer Iceland Foods.

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Gnodde_John _Brait

Brait bids for Iceland

South Africa’s Brait Capital is reportedly amoung the pack of private equity investors backing the management buyout of UK-based frozen food company, Iceland. Brait is partnering with Dubai-based retailer

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African PE deals hit $2.6bn

Investors have sealed about $2.6billion worth of private equity in 2011 deals across Africa, according to Perqin data. This year’s investments are almost three times the total $0.89billion reported

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Brait invests R4.2bn in Pepkor

Brait has acquired 24.6% of South African clothing retail company Pepkor for R4.178 billion ($596m). The deal places the company’s enterprise value at ZAR16.8 billion and has been valued at

Gnodde_John _Brait

Brait appoints Gnodde as CEO

John Gnodde has been appointed as chief executive officer of Brait Private Equity, following a major restructuring of the company. He takes over from Antony Ball who has resigned

Gnodde_John _Brait

Brait buys 50% of Premier Foods

Brait Private Equity has acquired 49.9% of South African fast moving consumer goods manufacturer Premier Foods for ZAR1.070 billion ($150.26million). The deal includes of ZAR221.2 million of shareholder loans,

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Brait touts new fund

Brait Private Equity is reportedly looking to raise up to $700m for a new fund. The South African private equity group is understood to be marketing its new fund

Braits’ earnings rise 50%

South Africa private equity investor Brait has reported a 50% year-on-year rise in attributable earnings, bolstered by its equity and debt investments. The company saw its earnings reach R115.7

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Brait sells stake in Freeworld

Brait has reportedly sold its stake in Freeworld Coatings to Japanese Kansai Paint, following the private equity investor’s failed $248.3 million takeover bid for the company. Brait had attained

Brait seeks new BEE partner

South African private equity group Brait is searching for a new black economic empowerment (BEE) partner, following Sitogo Holdings decision to sell its 7.1% stake in the company. Brait