Multotec concludes BEE deal with Kagiso

March 29, 2006

Mining and minerals-processing supplier Multotec has sold a 25% equity stake to Kagiso Strategic Investments, a subsidiary of the black-owned and managed investment organisation, Kagiso Trust...

This black economic-empowerement (BEE) deal formed part of Multotec’s commitment to comply with the codes of good practice as set out by the Department of Trade and Industry, the company said in a media statement.

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