Medu I

Medu I is fully invested in a number of companies.

NCS Resins

Date of investment: April 2005

Shareholding
Medu I 45%
Management 55%
Date of investment realisation March 2010

Business Description

  • A Durban-based business dating back to 1909
  • NCS is southern Africa’s largest manufacturer of unsaturated polyester resins, gel coats and pigment pastes
  • The company also has operations in Australia and exports to the Middle East, Africa and Asia
  • Medu exited the investment in March 2010