Phatisa has led the 100% acquisition of Rolfes Group, a supplier of agricultural, food, industrial and water chemical management service provider for the local and international markets. Rolfes Group had a market capitalization of R769 million on the Johannesburg Stock Exchange De-listing took place on 11 February 2020. The acquisition of Rolfes Group was led by Phatisa. Other participants being Sabvest, Masimong Chemicals and the Rolfes management. The acquisition received the required regulatory approvals.
Phatisa is an African private equity firm with diversified capabilities and a well-respected track record. Established in 2005, Phatisa has financial and operational experience, industry knowledge, astute business acumen and a reliable network of African business relationships with over US$400 million in funds under management. The firm has operating offices in South Africa, Mauritius, Kenya, Zambia and the United Kingdom.