Boasting offices in Cape Town, Mossel Bay, Durban and Namibia, African Marine Solutions (AMSOL) is a specialist solutions provider and partner to clients who operate in marine environments. AMSOL is the only marine solutions provider in the region that is employee and management owned, and is a catalyst for economic empowerment and shared value creation.
The company’s services offering is vast and covers several industries, including ports, mining, maritime and energy.
MIC transaction overview
In 2016, MIC Capital Partners (a joint venture between MIC and RMB Ventures) acquired an 18% interest in AMSOL
Multiknit, the holding company of Knittex, Sakpro and Multiknit International, is a market leader in the manufacture and supply of knitted synthetic shade netting fabrics, as well as fruit and vegetable bags, in the southern hemisphere.
The product range of these companies is broad and includes: synthetic shade netting for plants, produce bags and shade cloth for agricultural and domestic use.
Multiknit is the foremost agricultural netting supplier in Mpumalanga and is not only a market leader in the South African market, but also has global market leadership in decorative and agricultural shade netting fabrics, exporting to more than 60 countries worldwide.
MIC transaction overview
In February 2015, MCP acquired a 27.8% interest in Multiknit
Stage Zero is an independent power provider (IPP) incorporated in South Africa in 2022. It has launched a range of reliable, sustainable and affordable energy solutions to alleviate grid pressure and electricity outages. Stage Zero offers its customers access to portable, solar and backup battery solutions at an affordable monthly service or rental fee to meet their specific needs. Stage Zero provides a simulation of what you’ll save or pay extra based on your current electricity spend and the proposed solution.
MIC transaction overview
MIC invested in Stage Zero in 2022.
Tropic Plastic & Packaging Industry was founded and established in 1963 by the late Mr E.M Bhabha. His vision was to provide quality packaging materials coupled with personalized service excellence at an affordable price. Tropic’s operations span over 35 000 square meters, focusing on various production processes including extrusion, printing, bag making, slitting, wicketing, and lamination. Tropic has one of the most modern and well‐equipped plastic packaging facilities in Africa.
MIC transaction overview
Boasting offices in Cape Town, Mossel Bay, Durban and Namibia, African Marine Solutions (AMSOL) is a specialist solutions provider and partner to clients who operate in marine environments. AMSOL is the only marine solutions provider in the region that is employee and management owned, and is a catalyst for economic empowerment and shared value creation.The company’s services offering is vast and covers several industries, including ports, mining, maritime and energy.MIC transaction overview In 2016, MIC Capital Partners (a joint venture between MIC and RMB Ventures) acquired an 18% interest in AMSOL
