Who we are
Rand Merchant Bank (RMB) is a leading African corporate and investment bank (CIB) and part of the largest African financial services group (by market capitalisation) FirstRand Limited. RMB offers innovative, value-added advisory, funding, trading, corporate banking, and principal investing solutions. With a presence in 10 African countries, RMB has a significant footprint on the continent. Internationally it has access to a network of retail banks, representative offices and branches across Africa, the UK, India, and the US.
RMB’s award-winning corporate finance team partners local and global clients, offering differentiated advice and innovative thinking on strategic topics, M&A as well as providing access to private and public capital to enable their growth ambitions. RMB Corporate Finance has an unrivalled track record in M&A advisory in Sub-Saharan Africa and is consistently the top-ranked advisor in the league tables in South Africa and Nigeria. Our strong networks across the African continent create opportunity for Clairfield clients, opening new markets for growth.
Selected transactions
Growthpoint Properties Ltd announced the disposal of its entire shareholding in Capital & Regional plc to NewRiver REIT plc.
Financial Institutions
Sale
Advisor to the seller
Metair Investments Limited sold Mutlu Group, a Turkish automotive battery and energy storage manufacturing operation, to Quexco Incorporated, a privately held US-based industrial conglomerate.
Industrials
Sale
Advisor to the seller
Powerfleet Inc. (NASDAQ: AIOT), a global telematics business, acquired Fleet Complete for US$200 million, creating a top three worldwide AIoT software-as-a-service organisation.
Tech, software & digital
Acquisition
Advisor to the seller
Grindrod Limited acquired the remaining 35% interest in the share capital of Terminal de Carvão da Matola (TCM) from Vitol Mauritius Limited, for a purchase consideration of USD 77 million (R1.36 billion).
Business services
Acquisition
Advisor to the buyer
Takealot Online, the leading e-commerce retailer in South Africa, sold its subsidiary Superbalist to a consortium of private equity investors including Blank Canvas Capital and KLT.
Consumer & retail
Sale
Advisor to the seller
Alterra Capital Partners and other co-investors acquired Beverages HoldCo 2, a leading carbonated soft drinks and sparkling wine producer in South Africa.
Consumer & retail
Acquisition
Advisor to the buyers
The Rohatyn Group and Nedbank Private Equity sold The Beverage Company, one of the largest carbonated soft drink producers in Southern Africa, to Varun Beverages (NSE:VBL).
Consumer & retail
Sale
Advisor to the seller
Royal Bafokeng Holdings (RBH) entered into a transaction agreement alongside Actis LLP to jointly acquire 100% of Swiftnet SOC Limited from Telkom SA SOC Limited.
Tech, software & digital
Acquisition
Advisor to the buyer
The Courier Guy, South Africa’s top e-commerce courier, was sold to Adenia Capital.
Business services
Sale
Advisor to the seller
Contact information
Johannesburg
Address :
Think Precinct, 1 Merchant Place, Cnr Fredman Drive & Rivonia Road, Sandton 2196
Phone :
+27 11 282 8000
Lagos
Address :
3rd Floor, Wings, East Towers, 17A Ozumba Mbadiwe Street, Victoria Island
Phone :
+234 1 463 7900
