Bundu Power

Activity by year

2023202420252026

Acquisition

Aug 29, 2023ACQUISITIONSouth Africa$10.8M
Ellies Holdings receives approval to acquire Bundu Power
Ellies Holdings received unconditional approval from the Competition Commission to acquire 100% of Bundu Power for a maximum of R202.6 million. The deal includes an initial payment of R72.6 million and R130 million in earn-outs.
Ellies Holdings acquirer Bundu Power target #Power Generation Equipment techcentral.co.za
Feb 1, 2023ACQUISITIONSouth Africa
Ellies Holdings to acquire Bundu Power for R203 million
Ellies Holdings has agreed to buy 100% of Bundu Power, a company specializing in alternative power solutions, for a maximum of R202.6 million. The deal includes companies Magetz Electrical and Power On Wheels.
Ellies Holdings acquirer Bundu Power target #Power Generation Equipment techcentral.co.za

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Bundu Power: plants, expansions, contracts and acquisitions · Endata