- Business
- Sabvest Capital Limited Sabvest Capital Ltd (SBP.JO) is a Johannesburg-based investment holding company listed on the JSE since 2020 that holds long-term minority stakes in unlisted industrial, services, mining, agriculture, chemicals, financial and technology businesses, typically co-invested with family, management or financial partners under its Partnership Principle; it also maintains listed equity portfolios, debt instruments, finance advances and cash when liquidity permits. Core holdings encompass industrial and services entities such as Apex Partners Holdings (Pty) Ltd, focusing on mining and power generation equipment distribution, engineering and construction via Letaba Pumps, TGS, Elephant Lifting, ELB Equipment, ET-X Projects and CBZ Solutions; ARB Holdings (Pty) Ltd, a Southern Africa distributor of electrical cables, overhead lines, low-voltage products, LED lighting via Eurolux and Radiant, plus Cable Feeder Systems; DNI/4-PL Contracts (Pty) Ltd, providing mobile/hardware distribution, technology and value-added services to telecoms, banking and retail via brands including Evercomm, 3G Mobile, Hyve Mobile and Paymenow; Halewood International South Africa (Pty) Ltd, manufacturing premium alcoholic, non-alcoholic and RTD beverages like Belgravia, Whitley Neill and Red Square, plus importing from Europe and Mexico; ITL Group, a global designer/manufacturer of apparel labelling, RFID and supply chain solutions across the US, UK, Europe, Asia and Africa; SA Bias Industries (Pty) Ltd, comprising Flowmax's UK/Europe fluid handling equipment and Narrowtex's South African narrow fabrics/webbings; Valemount Trading (Pty) Ltd, South Africa's largest bird seed producer via Westerman and Animal Zone brands, expanding into pet foods with M-PETS and logistical services; Amicus (Pty) Ltd, producing injection-moulded plastics like spice grinders; Sunspray Solutions (Pty) Ltd, supplying spray-dried food ingredients; and Versofy (Pty) Ltd, offering solar-as-a-service and rent-to-buy for homes/SMEs; alongside mining/chemicals/agriculture via Masimong Group Holdings (Pty) Ltd in Seriti Resources, Mouton Citrus, Carmien Tea and Winfield; and financial/technology via Altify, EWA Global, Corero Network Security Plc, Metrofile Holdings Limited Metrofile Holdings Limited and Transaction Capital Limited Transaction Capital Ltd. Operations span South Africa primarily, with international exposure through ITL and Flowmax in the US, Europe, Asia and Africa, Corero in the UK, and Metrofile/Transaction Capital in Africa, Europe and Australia; the Seabrooke Family Trust holds voting control via unlisted Z shares and 41.7% economic interest. Recent developments include the 2024 disposal of Rolfes Holdings (Pty) Ltd for R193.7m alongside Phatisa and Masimong to Solevo Group, partial sales of Apex Partners and Sunspray yielding R140.5m and R80.6m respectively, Metrofile stake reduction via block trade and options, WeBuyCars unbundling proceeds of R45.1m from Transaction Capital, increased Corero holding to 10.6%, new 13.2% EWA Global entry via PayMeNow acquisition, Flexo-to-Amicus share swap, net debt reduction to R108m via prepayments and realisations, 16.7% dividend hike to 105 cents per share, R59.9m share buybacks, plus investee actions like Apex's DRA Global delisting stake, Halewood's House of Bonang acquisition, DNI's DigiCo/Evercomm expansions, Masimong's KWV and Credo investments, and Flowmax's TacoTherm, B&D Plastics and Midatech buys.