# Insimbi to acquire Treppo Group

Insimbi Industrial Holdings has extended an offer to acquire control of Treppo Group Proprietary Limited, which includes its MetalCorp and Treppo trading divisions, Bulk Ferrous Exports, and interests in several joint ventures. The transaction is subject to regulatory approvals and is expected to be effective on or about 1 September 2019.

- Type: Acquisition
- Announced: 2019-06-20
- Where: South Africa
- Status: announced
- Products: ferrous metals, steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Insimbi Industrial Holdings](https://endata.com/companies/40116.md) (acquirer)
- [Treppo Group](https://endata.com/companies/40117.md) (target)

## Sources

- [sharenet.co.za](https://www.sharenet.co.za/v3/sens_display.php?seq=27&tdate=20190620132500), 2019-06-20: "The transaction will become effective once all the suspensive conditions to the transaction agreement have been met."

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