INVICTA HOLDINGS LIMITED - Voluntary announcement regarding the acquisition of the business assets of the Forge Industrial Group
IVT IVTP 201805030014A
Voluntary announcement regarding the acquisition of the business assets of the Forge Industrial Group
Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
("Invicta" or “the Company”)
VOLUNTARY ANNOUNCEMENT REGARDING THE ACQUISITION OF THE BUSINESS ASSETS OF ALLIED
PUTZIGER (PTY) LTD T/A TOOLQUIP AND ALLIED, F AND H MACHINE TOOLS (PTY) LTD AND BELT BROKERS
(PTY) LTD (THE "FORGE INDUSTRIAL GROUP")
Invicta is pleased to announce that its subsidiary, Invicta South Africa Holdings (Pty) Ltd, has entered into
an agreement to acquire the business assets of the Forge Industrial Group (the “Acquisition”). The
Acquisition will be complete after the fulfilment of certain conditions precedent, including Competition
Commission approval.
The Forge Industrial Group comprises of importers and distributors of engineering related products
(Toolquip and Allied), machining tools (F and H Machine Tools) and industrial conveyer belting and related
components (Belt Brokers). It operates through 11 branches countrywide including three distribution
centers in Gauteng.
Invicta’s position as one of the leading firms in the industrial and engineering industry is further
entrenched by this acquisition of the Forge Industrial Group, which will form part of Invicta’s Engineering
Supply Group (ESG).
In terms of the JSE Limited's Listings Requirements’ categorisation rules for transactions, the Acquisition
falls below the threshold for announcement on SENS. Nevertheless, the board of Invicta deems it
appropriate to inform its various stakeholders of the Acquisition.
Company Secretary
Lize Dubery
Cape Town
3 May 2018
Sponsor: Deloitte & Touche Sponsor Services (Pty) Ltd
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