PROJECT LANDCRUISER
Bowden advised the shareholders and management of Vrystaat Mielies in a share buy-back transaction whereby Vrystaat Mielies and management bought back a 63% stake in Vrystaat Mielies from Profert Holdings.
- Objective: Effect a restructuring of the Client with management buying out Profert as a shareholder.
- Outcome: The successful exit of Profert Holdings as a shareholder in the Client.
- Value add to the client: Bowden performed a valuation of the Client business, structured and negotiated the transaction with Profert on behalf of the Client.
- Future plans: To introduce a strategic investor into the Client to support future growth initiatives.
