MERGERS & ACQUISITIONS
JSE-listed Jasco Electronics has acquired a 51% stake in Ramm Technologies for R30.6-million in a deal that will allow it entry into asset-tracking markets through Internet of Things (IoT) platforms, as well as provide further growth in new sectors and several cross-selling opportunities. Ramm, which operates its own national operations centre and which has operations across Gauteng and the Western Cape, bolsters Jasco’s access to real-time asset monitoring and management; workforce tracking and productivity analysis; experienced and capable management team; and the opportunity to offer proactive monitoring services to its existing customer base through the operations centre.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access