Benchmark International is pleased to announce the acquisition of Remata (Pty) Ltd & Remata Communications and Printers Production House (Pty) Ltd (Remata) by the Formeset Group of Companies.
Remata are specialist print and communications companies providing local and international clients with digital and lithographic print services, cross-channel media solutions, and print product fulfilment. The company is headquartered in Midrand, Gauteng, South Africa, with a fully equipped print factory on the same premises.
Speaking on behalf of Remata, Annemarie Burger, and Esme Bense said: “Whenever someone embarks on a massive journey as we did to try to find the right fit and partner for our business, the stress involved is unbelievable. We could not have gone through this lengthy, complicated process without the team's amazing help at Benchmark. Their advice, professionalism, kindness, understanding, and attention to the finest detail were unparalleled. We could not have asked for a better Company to help and guide us through the process, this while becoming family at the same time. From our side, a 5-star rating is not enough. Benchmark is the best partner anyone, locally or globally, can have if they want to embark on a similar journey to ours. We will always be indebted to them.”
The Formeset Group is the largest fully empowered and independent general and commercial printing group in South Africa and consists of a broad base of well-respected printing companies. The group aims to be the foremost printing group in Africa, focusing on select customers with specialised printing requirements.
Commenting on the transaction, Omar Razzak from the Formeset Group added: “We were introduced to the business opportunity by Benchmark International and we found them extremely professional and competent throughout the process.”
Tiaan van Zyl, representing Benchmark International’s South African office, added, “We are pleased that we were able to assist and support our client in finding an ideal acquirer for their business. Many sellers mandated with Benchmark have not been exposed to a Mergers and Acquisitions process before, and selling a business could very “daunting”. Our aim for Remata was to find a strategic partner that is able to unlock the next phase of growth and, very importantly, has a similar cultural fit. We celebrate this wonderful milestone with our clients, and we wish them the very best of success on their journey ahead.”
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Lawrie@BenchmarkIntl.com
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
ABOUT BENCHMARK INTERNATIONAL:
Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $9.4 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the Global M&A Network as well as the #1 Sell-side Exclusive M&A Advisor in the World by Pitchbook’s Global League Tables.