Lonrho Leaps into Celsys
Posted by zi.editor on Thursday, October 4th, 2007 in News & Updates.
(Celsys) Lonrho Plc has recently acquired an 80% stake in Blueberry International Services Limited, an offshore holding company, giving the Company a strategic long term position in two established Zimbabwean businesses. Blueberry, owns Peak Mine (Pvt) Limited, which in turn owns 60% of Celsys Limited, a major publicly listed ICT company and 100% of Gardoserve (Pvt) Limited, a private industrial chemical manufacturer and distributor. This is expected to have a positive effect on the Zimbabwean businesses and gives them additional financial backing to explore any expansion opportunities. (more…)
