JSE-listed Jasco is acquiring a 65.4% stake in Cross Fire in a R52.3-million deal with Cross Fire management and its Cross Fire founder John Cross. The addition of Cross Fire will bolster Jasco’s existing fire solutions portfolio in the blue-chip corporate market and lift it into the top three suppliers status of fire detection, suppression and protection solutions in various industries.
Source: www.engineeringnews.co.za
Jasco acquires 65% stake in Cross Fire for R52m
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