Bongani's Startup

buying 51% stake in$14 million T/O engineering/Energy company

  • Stage $10M in TTM Revenue
  • Industry Industrial/Energy
  • Location Johannesburg, South Africa
  • Currency ZAR
  • Founded January 2003
  • Employees 50
  • Incorporation Type Other

Company Summary

We need funding to buy 51% shares into an engineering/Energy company.
The engineering company has contracts with ESKOM( South African State Owned Enterprise), potential contracts with SASOL LTD. It designs, manufacture(steel) and do maintenance on coal milling plants.
Revenue - $14 million . Net Profit - $1.6 million per year.
Company has desander technology that will up rev to $70 m.
51% stake makes co to be a Woman owned, given preference

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