Twinsaver looks to diversify portfolio through Validus acquisition
Branded tissue products manufacturer Twinsaver Group is in talks to acquire hygienic disposable products company Validus Medical, further diversifying its portfolio in the fast-moving consumer goods sector.
Twinsaver Group CEO Garth Towell said the acquisition would enable the company to service new consumer segments and accelerate Validus’s growth through investments in technology, talent and access to wider networks.
Established in 2005, Validus has quickly grown its national portfolio of quality, disposable medical products across South Africa’s hospital, frailcare and babycare industries. Known for brands like Clemens and Bumbies, the sale will provide Validus with the capital required to expand into ancillary and new categories.
Validus MD Folkmar Geyer added that the company’s products would complement Twinsaver’s products. “The added advantage is that the sale will help increase Validus’s production efficiencies . . . and help bolster the output of South Africa’s manufacturing industry.”
The sale is subject to regulatory and Competition Commission approval.
Comments
The
functionality
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation