Mustek’s head office in Midrand, Johannesburg The plan by Novus Holdings to acquire technology group Mustek has run into more difficulty, with the Takeover Regulation Panel ruling it must increase its offer to Mustek shareholders in a move that could cost it tens of millions of rand more than anticipated. The Takeover Regulation Panel has…
Mustek CEO Hein Engelbrecht JSE-listed technology distributor Mustek has delivered an improved bottom line in the year to 30 June 2025, even as group revenue fell sharply in a challenging economic environment. The company credited disciplined cost control and tighter working capital management for the rebound in profitability. The results marked a significant turnaround from…
Mustek’s head office in Midrand, Johannesburg Printing and packaging firm Novus Holdings’ offer to buy out other shareholders in technology group Mustek has hit another hurdle. The two companies said in a joint announcement issued via the JSE on Friday that the Takeover Regulation Panel (TRP) is holding off from issuing a certificate of compliance,…
