Ethos' sale of Dunlop's South African and Zimbabwean businesses to Apollo, the largest Indian tyre manufacturer, has facilitated a significant capital inflow into South Africa while creating the world's 12th largest tyre company.
In March 2002, Ethos led a consortium together with Dunlop management, which increased its stake in Dunlop Tyres International (Pty) Ltd to 100°/o in a public to private transaction
The opportunity for Ethos Fund III, in partnership with management, to acquire 100% of Defy in 1997 arose as a result of a listed company unbundling its assets.
Ethos Private Equity Fund III has divested from leading local logistics company, Crossroads Distribution, in a deal which further enhances this empowered company's Black Economic Empowerment (BEE) rating.
Ethos has sold its Fund III interest in the Wimpy and Whistle Stop brands to Steers Holdings Limited.
Ethos' partnership with Universal Print Group has allowed this highly successful, entrepreneurial family business to make a quantum leap in earnings.
Take a tough retail economy, a listed small cap stock and an environment of increasing pressure on the financial services industry ... then consider selling a small cap retail credit business.
Ethos Private Equity, together with the management of Cummins Diesel Sales & Service (CDS&S) has sold 100% of CDS&S to Cummins Incorporated, the world's largest independent diesel manufacturer.
Ethos Fund III has sold its majority stake in Western Cape radio station Kfm to a consortium comprising Nail subsidiary New Africa Media Holdings (NAM) and Western Cape empowerment group Broadcape Investments.