JSE-listed IT company, Datacentrix, has entered into a deal to acquire 100% of the issued share capital of Nokusa Engineering Informatics for a purchase price of R45.75 million.
Datacentrix says it wishes to consolidate and strengthen its position in the Enterprise Content Management (ECM) sector by acquiring the knowledge and expertise that is inherent to Nokusa Engineering Informatics.
NEI is a consulting company specialising in ECM strategies, solutions and implementations. The company, based in Johannesburg, is privately owned and black-empowered, and operates throughout South Africa. It has also done work globally.
The sellers, who include Nokusa Investments , Robert George Murray Cells, Gerhard Hielco Du Plessis, Barend Frederik Kotze, Michelle Momberg and Abraham Spies, have agreed to dispose of their individual shareholdings of 27%, 12.4%, 12.4%, 4.8%, 12.4% and 31% respectively.
“By acquiring a pool of highly skilled ECM individuals, Datacentrix can immediately complement its ECM operations. Furthermore, by acquiring Nokusa Engineering Informatics, Datacentrix will strengthen its position in the same sector, stamping its
authority in the ECM environment,” Datacentrix said.
The purchase price is subject to the achievement of an audited net profit after tax of R6.6 million for the year ending 28 February 2013.