News/ Article

SENS

AECI COMPLETES SALE OF ITS SHAREHOLDING IN CREST

Monday, 2 December 2019

The AECI Group (“AECI”) announced on 29 July 2019 that it had agreed to dispose of its 50% shareholding in Crest Chemicals (“Crest”) to its joint venture partner, Brenntag (Holding) BV, for a cash consideration of R390 million.

The transaction closed on 29 November 2019 and the proceeds have been received.

2 December 2019

Enquiries
Dean Murray
AECI Executive
Dean.murray@aeciworld.com
Tel. +27 82 900 7578


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