Deal Announcement
Athari Capital Partners is pleased to have advised Frusina Holdings on their successful acquisition of a joint control interest in GM Associates.
The deal aligns with Frusina Holdings’ growth strategy through backward integration as GM Associates is a developer and manufacturer of speciality chemicals required by the mining, metallurgical and food industries.
The transaction, which was based on an Enterprise Value of ZAR220 million, was originated and executed by Athari Capital Partners.


