Acquiring Company
Novus Holdings
Acquired Company
Mustek Limited
Cape TownJohannesburgPrintingInformation TechnologyDescription
Novus Holdings is moving forward with its acquisition of Mustek Limited, despite facing challenges from the Takeover Regulation Panel. The deal involves Novus offering R13 for each share of Mustek, which has raised concerns about fair shareholder treatment. Following scrutiny from regulators, Novus has filed an urgent court application to overturn the panel's ruling. The matter is scheduled for a court hearing on 22 April 2025.
Quick answer
Novus Holdings is acquiring Mustek Limited, announced April 7, 2025. Novus Holdings is based in Cape Town, Western Cape, South Africa.
- How much did Novus Holdings pay for Mustek Limited?
- The deal value was not disclosed.
- What does Novus Holdings do?
- Novus Holdings Ltd is a prominent South African company listed on the Johannesburg Stock Exchange, with a rich history dating back to 1905.
- Where are Novus Holdings and Mustek Limited based?
- Novus Holdings is based in Cape Town, Western Cape, South Africa. Mustek Limited is based in Johannesburg, Gauteng, South Africa.
- Who are the decision-makers at Novus Holdings?
- Fundz holds 5 contacts at Novus Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Printing
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- XSYS completes acquisition of MacDermid Graphics (March 5, 2025)
- Ad Populum acquires Diamond Comic Distributors (May 17, 2025)
- Kokuyo acquires HNI India for office market expansion (April 29, 2025)
- Toppan acquires Sonoco’s TFP business for $1.3bn, $1.3B (April 4, 2025)
- Novus Holdings to acquire Mustek in R335m deal, $20M (March 29, 2025)
- Moss strengthens UK footprint with acquisition of Rocket Graphics (February 25, 2025)
Who to call at Novus Holdings, and when
When Novus Holdings changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Novus Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Novus Holdings, from your own LinkedIn network
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Frequently asked
Who acquired Mustek Limited?
Mustek Limited was acquired by Novus Holdings, based in Cape Town. The deal was reported on April 7, 2025. Novus Holdings Ltd is a prominent South African company listed on the Johannesburg Stock Exchange, with a rich history dating back to 1905. Novus Holdings is privately held and operates in Printing.
When did Novus Holdings acquire Mustek Limited?
Novus Holdings's acquisition of Mustek Limited was reported on April 7, 2025. Novus Holdings is moving forward with its acquisition of Mustek Limited, despite facing challenges from the Takeover Regulation Panel. The deal involves Novus offering R13 for each share of Mustek, which has raised concerns about fair shareholder treatment. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Mustek Limited do?
Mustek Limited is one of South Africa’s leading ICT distributors with a comprehensive range of services and solutions. The company specializes in providing IT hardware, software, and related services to various sectors. It is privately held, operating in Information Technology, and is based in Johannesburg.
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