Ellies brand rescued and Bell Equipment to exit JSE
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GUEST – Andrew Bahlmann, Chief executive: Corporate & Advisory, Deal Leaders International
The market has been highly appreciative of the announcement by Bell, although there is no doubt that another company going private is a sad loss for the JSE and investors. Ellies Electrical brand will live on after SMD Technologies acquired it following the liquidation of the parent group, Ellies Holdings.
The market has been highly appreciative of the announcement by Bell, although there is no doubt that another company going private is a sad loss for the JSE and investors. Ellies Electrical brand will live on after SMD Technologies acquired it following the liquidation of the parent group, Ellies Holdings.