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Capital Raising

Motor vehicle assembly

Mandate ID: ZW-4-BKM-1-1905-3
Transaction Type:
Capital Raising

Industry: Motor vehicle Industry


Sector: Manufacturing


Country of Origin: Zimbabwe | Zimbabwe


Target Areas: Worldwide


Business Review

Established in 1961, the company has been involved in the sale of Completely Built Up vehicles with licensing from Mazda and Mahindra. The company has also been assembling BAIC trucks from Semi-knocked Down Kits, with installed capacity to produce light to heavy-duty trucks, buses and agricultural tractors with guaranteed off-take arrangement in place.

Products

Light weight motor vehicles, Trucks, Heavy duty trucks, Buses and Tractors

Services

Vehicle servicing and maintenance

Financial Information

Capital required: €/$ on request


Highlights

A stake of up to 74% of the main Shareholders stock is on offer, an interested investor who takes up the entire stake on offer, will in total hold a 54% majority. The sale of shares is on an open tender basis and the Expressions of Interest due for submission by Friday 21 June 1600 hours GMT.

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