# Moloto Capital increases stake in Sphere Solutions to 40%

Moloto Capital Investments increased its equity stake in Sphere Solutions from 26% to 40%, with options to take control within 12 months. Sphere is a South African CO2 refrigeration company.

- Type: Investment
- Announced: 2018-09-03
- Where: South Africa, South Africa
- Status: completed
- Products: CO2 refrigeration systems, vertical farming equipment
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Sphere Solutions](https://endata.com/companies/34078.md)
- [Moloto Capital Investments](https://endata.com/companies/34077.md) (investor)

## Sources

- [caleoprivateequity.com](https://www.caleoprivateequity.com/moloto-invests-in-leading-green-refrigeration-company/), 2018-09-03: "Moloto Capital Investments (Moloto) increases its equity stake in Sphere Solutions Pty Limited (Sphere) from 26%, acquired in March 2018, to 40% with further options to take control within 12 months."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.