Jennmar acquires 50 percent of South African manufacturer Rocbolt Resins and purchases shares in DSI South Africa from Capital Africa Steel
Client(s) Jennmar Corp.
Jones Day advised Jennmar in the 50 percent acquisition of shares in South African resin capsule manufacturer Rocbolt Resins and the purchasing of shares in DSI South Africa from DSI's previous South African joint venture partner, Capital Africa Steel. Rocbolt Resins, DSI South Africa, and Jennmar’s recently established bolt business will be integrated into a new business structure and operated as a partnership by DSI, Jennmar, and their BEE partners.