Medu II
Medu II has been formed to make privately negotiated equity and equity-related investments.
Medu II had its first closing in May 2008. The fund has capital commitments of R900 million.
Elite Truck Hire
Date of investment: December 2007
| Shareholding | |
|---|---|
| Medu II | 25.71% |
| Management | 27.62% |
| Other | 46.67% |
| Medu Capital Board Representatives | Ernest January |
| Zeyn Angamia | |
Business description
- Elite Truck Hire is South Africa’s leading truck hire company and vehicle contract service provider
- An associate of the company provides workshop services for trucks and buses
