Voluntary Announcement Relating to the Acquisition of KMP Far East Pte Ltd
Invicta Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1966/002182/06)
Ordinary Share code: IVT Ordinary Share ISIN ZAE000029773
Preference Share code: IVTP Preference Share ISIN: ZAE000173399
A2X ordinary share code: IVTJ
A2X preference share code: IVTPJ
(“Invicta” or the “Company”)
VOLUNTARY ANNOUNCEMENT RELATING TO THE ACQUISITION OF KMP FAR EAST PTE LTD
Invicta is pleased to advise shareholders that the Company, through its wholly owned subsidiary KMP
Holdings Limited (“KMP”), part of the Replacement Parts Earthmoving (“RPE”) business segment, has
purchased 50% of the share capital of KMP Far East Pte Ltd (“KMPFE”) in Singapore (the “Acquisition”).
The existing shareholders and management will retain 50% of their shareholding in KMPFE.
Description of the business
KMPFE is a leading independent supplier of aftermarket heavy-duty diesel engine parts for industrial and
agricultural machinery in South-East Asia. KMPFE’s main distribution facilities are located in Singapore as
well as Malaysia. KMPFE was established in Singapore in 2005 with the primary objective to promote,
widen and strengthen the market coverage for KMP Brand® products in the Far East region.
KMP-branded parts are widely recognised in the global aftermarket industry for their high quality,
reliability and value.
Rationale for the Acquisition
Part of Invicta’s strategic focus is to diversify into new geographical areas in the industries and markets in
which Invicta has significant experience and strong management capabilities. As such with the acquisition
of KMP in January 2022 which has operations in the UK and the USA, the natural progression was to
acquire KMPFE. Following the transaction, Invicta will benefit from securing the KMP Brand® on a
worldwide basis, the cross pollination of skills and economies of scale in the distribution of KMP Brand®
products globally. Furthermore, the existing shareholders and management will retain a significant
shareholding, ensuring long term alignment with Invicta.
Effective date
The effective date of the Acquisition was 1 April 2023.
Categorisation of the Acquisition
The Acquisition does not constitute a categorised transaction in terms of the Listings Requirements of the
JSE Limited and accordingly this information is disclosed on a voluntary basis.
Johannesburg
10 July 2023
Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 10-07-2023 11:00:00
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