Medu II
Medu II has been formed to make privately negotiated equity and equity-related investments.
Medu II had its final closing in May 2008. The fund has capital commitments of R900 million.
SARCO
Date of investment: November 2008
| Shareholding | |
|---|---|
| Medu II | 35% |
| Management | 15% |
| Nedbank Capital Private Equity | 50% |
| Medu Capital Board Representatives | Nhlanganiso Mkwanazi |
| Zeyn Angamia | |
Business description
- Established in 1947, SARCO is Africa’s only producer of rolls and sleeves for the global steel industry.
