{"id":108675,"date":"2016-01-12T10:09:47","date_gmt":"2016-01-12T08:09:47","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=108675"},"modified":"2016-01-13T12:41:57","modified_gmt":"2016-01-13T10:41:57","slug":"eoh-plans-aggressive-expansion-in-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/108675\/eoh-plans-aggressive-expansion-in-africa\/","title":{"rendered":"EOH plans aggressive expansion in Africa"},"content":{"rendered":"<p>Listed ICT company EOH says it has acquired the majority stake in six companies across Africa to aid its &#8220;aggressive&#8221; expansion plans on the continent.<\/p>\n<p>In an announcement on SENS on Tuesday, EOH said it has concluded the acquisition of 50% or more of the following businesses:<\/p>\n<ul>\n<li>Consol Systems &#8211; Morocco<\/li>\n<li>BC Skills &#8211; Morocco<\/li>\n<li>Acron &#8211; Turkey<\/li>\n<li>Cozumevi &#8211; Turkey<\/li>\n<li>Acron &#8211; Iran<\/li>\n<li>EBS &#8211; Mozambique<\/li>\n<\/ul>\n<p>All the businesses will sit in the EOH ICT Division, the group said.<\/p>\n<p>&#8220;The Acquisitions will serve as a base for EOH to grow aggressively in these territories, both organically and through further acquisitions, by providing EOH\u2019s vast range of service offerings which are all relevant to these economies,&#8221; the company said.<\/p>\n<p>&#8220;In addition, we have set up offices in the United Arab Emirates (UAE) aimed at serving the region.&#8221;<\/p>\n<p>EOH now has over 1 000 employees based outside of South Africa.<\/p>\n<p>The company&#8217;s growth for the six month period to 31 January 2016 is expected to again be positive with significant year-on-year growth in revenue, profit and Headline Earning Per Share (HEPS).<\/p>\n<p>EOH&#8217;s interim results will be published in March.<\/p>\n<h3 class=\"my-4\">More on EOH<\/h3>\n<p><strong><a title=\"Permalink to EOH buys rail tech firm\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/101612\/eoh-buys-rail-tech-firm\/\" rel=\"bookmark\">EOH buys rail tech firm<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to EOH reports massive jump in profits\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/98557\/eoh-reports-massive-jump-in-profits\/\" rel=\"bookmark\">EOH reports massive jump in profits<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to EOH expands its African footprint\" href=\"http:\/\/businesstech.co.za\/news\/it-services\/89542\/eoh-expands-its-african-footprint\/\" rel=\"bookmark\">EOH expands its African footprint<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Listed ICT company EOH says it has acquired the majority stake in six companies across Africa to aid its &#8220;aggressive&#8221; expansion plans on the continent.<\/p>\n","protected":false},"author":10,"featured_media":21989,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[25,1957],"class_list":["post-108675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-active","tag-eoh"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/108675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=108675"}],"version-history":[{"count":3,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/108675\/revisions"}],"predecessor-version":[{"id":108843,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/108675\/revisions\/108843"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/21989"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=108675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=108675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=108675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}