BPOPF-backed fund to acquire Flo-Tek

Friday, July 03, 2015

The newly established private equity fund, Botswana Opportunity Partnership (BOP) is seeking to buy the Lobatse-based pipe-manufacturing firm, Radical Investments, trading as Flo-Tek Pipes & Irrigation.

BOP is a partnership between the Botswana Public Officers Pensions Fund (BPOPF) and Capital Management Botswana (CMB), with the mandate to invest in businesses in Botswana.

Flo-Tek chief executive officer, Vijay Naik, confirmed that negotiations for BOP to acquire Flo-Tek are at an advanced stage, but declined to provide further details on the transaction.

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BPOPF-backed fund to acquire Flo-Tek

The newly established private equity fund, Botswana Opportunity Partnership (BOP) is seeking to buy the Lobatse-based pipe-manufacturing firm, Radical Investments, trading as Flo-Tek Pipes & Irrigation.

Disc, license renewal requirements waived amid system failures

This is not reversal born of weakness- Salakae

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

BPF should get house in order