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MICROMEGA HOLDINGS LIMITED - Acquisition of Aspirata

Release Date: 27/05/2015 07:05
Code(s): MMG     PDF:  
Wrap Text
Acquisition of Aspirata

MICROMEGA HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/003821/06)
Share code: MMG ISIN: ZAE000034435
(“MICROmega” or “the Company”)

ACQUISTION OF ASPIRATA

Shareholders are advised that MICROmega has purchased Aspirata Microbiological and Chemical
Laboratory (“Aspirata”), formerly a subsidiary of Aurecon South Africa Proprietary Limited.

Centurion-based Aspirata will complement and enhance the risk management, training, consulting
and auditing services currently provided by NOSA, a leading global supplier of occupational risk
management services and solutions and a subsidiary of MICROmega.

Aspirata, which conducts nearly 1 700 real-time, web-based and computerised audits a month,
operates extensively in the food safety and microbiological laboratory testing sectors.

“These services will dovetail perfectly with those of NOSA, which currently does not provide training
or auditing in these areas,” says NOSA Global Holdings CEO, Duncan Carlisle. Aspirata can provide
certification against the ISO 22000:2005 Food Safety Management Accreditation and FSSC
22000:2011 Food Safety System Certification. “By incorporating Aspirata’s skills into the extensive
and internationally recognised NOSA infrastructure, we can fully attend to issues around food safety
management, which is fast becoming a major global industry and an area of risk that needs constant
and urgent addressing.”

Aspirata – which is accredited by the South African National Accreditation System (SANAS) and the
Joint Accreditation System of Australia and New Zealand (JAS-ANZ) – has long-established clients in
the large retail, manufacturing and processing, and construction sectors.

Aspirata’s staff comprises specialist auditors accredited against international standards, as well as
environmental health specialists, microbiologists and food technologists. There is growing pressure
on major retailers to have their suppliers audited against a number of global food and laboratory
standards. “By working with its extensive regional infrastructure in South Africa and across the
continent and utilising Aspirata’s expertise in this regard, NOSA will be well-positioned to focus on
alleviating this pressure,” says MICROmega CEO, Greg Morris.

Aspirata, whose primary Skills Education Training Authority (SETA) is FoodBev, has a state of the art
laboratory which currently analyses more than 2,500 samples a month with results submitted via its
customised laboratory information management system (LIMS).

The acquisition, due to its size, falls below the transaction threshold as set out in the Listings
Requirements of the JSE Limited and therefore does not require any formal disclosure. However, the
board of directors of MICROmega would like to advise shareholders of this acquisition.

Johannesburg
27 May 2015

Sponsor
Merchantec Capital

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