# RMB Ventures acquires 45% stake in Mafika Engineering

RMB Ventures acquired a 45% stake in Mafika Engineering, an independent rebuilder of high horsepower diesel engines for the mining sector in South Africa. The deal is one of RMB Ventures' largest private equity investments to date.

- Type: Acquisition
- Announced: 2024-02-27
- Where: South Africa
- Status: completed
- Products: rebuilt high horsepower diesel engines
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [RMB Ventures](https://endata.com/companies/24455.md) (acquirer)
- [Mafika Engineering](https://endata.com/companies/70271.md) (target)

## Sources

- [mafika.co.za](https://mafika.co.za/rmb-merger/), 2024-02-27: "RMB Ventures has acquired a 45% stake in our company, marking one of their largest private equity investments to date."

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