ACS South Africa partner, GKA Capital advised on the investment in Kentz Engineering by investment firm, Thebe.
The Kentz Group of companies is engaged in engineering and construction in a wide range of industry sectors and geographic regions.
The sectors/industries in which they are active include hydrocarbons process, power, water, industrial, telecommunications, infrastructure and environmental.
The group employs over 5 000 people in Europe, Africa, the Middle East, Russia, Asia-Pacific and the Americas. It has operating subsidiaries in 18 countries and a forecasted turnover for 2005 of $300m. By comparison, Kentz Africa is active in all of these sectors, employs 793 people in three countries and had a forecasted turnover for 2005 of R917m ($152m) or 51% of the group.