February 19, 2017 3:11 PM ET

Capital Markets

Company Overview of Mineworker's Investment Company

Company Overview

Mineworkers Investment Company (Pty) Ltd. is a private equity arm of The Mineworkers Investment Trust specializing in making late stage investments in listed and unlisted mature businesses. It does not make investments in start-ups and early stage businesses. The firm seeks to make investments in buyouts, replacement capital, expansion and development. It seeks a mix of both long-term capital growth and dividend income. The firm does not invest in directly competing investments. The firm does not take a direct stake in any company in the extractive mining, primary agriculture, primary power generation, energy or construction sectors, however, it do invest in companies that service these indu...

MIC Place

4 Eton Road


Johannesburg,  2001

South Africa

Founded in 1995


27 11 088 1800


27 11 088 1845

Key Executives for Mineworker's Investment Company

Chief Executive Officer and Executive Director
Age: 43
Financial Director and Executive Director
Age: 39
Senior Stakeholder Manager
Age: 43
Senior Investment Manager and Executive Director of Investments
Age: 38
Senior Transactor
Compensation as of Fiscal Year 2016.

Mineworker's Investment Company Key Developments

Mineworker's Investment Company seeks Acquisitions

Mineworker's Investment Company is seeking acquisitions. Mineworker is on the prowl for acquisitions and is looking for a deal in which it can acquire a 51% controlling stake. Mineworker was vague about what it planned to acquire, only saying that it was looking for an investment in a company operating in the & consumer space & MIC's plans reflect the strategy changes of empowerment companies that now want controlling interests rather than passive minority stakes.

Mineworker's Investment Company Seeks Acquisitions

Mineworker's Investment Company is seeking acquisitions. "We are looking to make acquisitions in meaningful businesses and we will also disinvest in some businesses. We think black economic empowerment has moved from just being a minority stakeholder. We are looking at acquiring controlling stakes in future investments," Mary Bomela, Chief Executive Officer, said.

Similar Private Companies By Industry

Company Name Region
4 Africa Exchange (Pty) Ltd Middle East/Africa
Acrux Resources (Pty) Ltd Middle East/Africa
Acumen Capital (Pty) Ltd Middle East/Africa
Africa Rising Capital (Pty) Ltd. Middle East/Africa
African Alliance Limited Middle East/Africa

Recent Private Companies Transactions

March 9, 2016
SMIT Amandla Marine (Pty) Ltd.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Bloomberg L.P. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Mineworkers Investment Company, please visit www.mic.co.za. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.