SUBSIDIARY NAME
Anchora Enterprises (Pty) Ltd
COUNTRY
SOUTH AFRICA
SECTOR/ INDUSTRY
SHIPYARD, DOCKS
OWNERSHIP %
70% IIB-DG
ACQUISITION DATE
March, 2021
ACQUISITION VALUATION
120 MILLION
TOTAL ASSET VALUATION
1.2 BILLION
SHIPYARD, DOCKS, PORTS
Anchora Enterprises (Pty) Ltd: IIB-DG Anchora Enterprises (Pty) Ltd acquire ON March, 2021 for the purpose of Establish a fully-fledged Shipyard. Acquire a Floating Dock and a Synchro Lift for ship repairs and the establishment of a Solar Power Plant.
Anchora is well established and well placed in the Maritime Industry –especially in and around Africa. Anchora has all the required technical, marine and construction – yard and vessel – knowledge and skills. The development of this project in the Western Cape, Saldanha Bay, will mean that Anchora will be the only provider that has all the services in one location and that location be central to the African industry.