Gert Schoonbee Beleggings (Pty) Ltd
B-BBEE and Capital Raise – 2019
Bravura acted as Exclusive Financial Advisor to the Gert Schoonbee Beleggings (Pty) Ltd (“Schoonbee”) group of companies. Schoonbee contributed two existing operational farms, and Thebe Investment Corporation (Pty) Ltd contributed equity for the establishment of additional citrus and grape developments. In addition, senior debt and mezzanine funding was raised to fund the developments.
As a result, a Black owned farming initiative was established, which comprises 208 ha of grapes and 175 ha of citrus.
Transaction Value: Undisclosed