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30 years of SA business on the continent and around the world

The advent of democracy in South Africa allowed several large influential companies to shed their conglomerate status, with holdings across multiple sectors, and instead focus on pursuing global opportunities in a single sector, be it mining, brewing, telecoms, or financial services.

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SPAR Group Announces Closing of South Africa Joint Venture Sale

Completion of Sale to Minority Shareholder ~$10M Simplifies Operating StructureAUBURN HILLS, Mich., May 02, 2024 (GLOBE NEWSWIRE) SPAR Group, Inc. (NASDAQ: SGRP) (“SPAR,” “SPAR Group,” or the “Company”), a provider of merchandising, marketing, and distribution services, announces the closing of the sale of its majority share in South Africa’s Meridian Group to the minority shareholder Lindicom for approximately $10 million USD. “The closing of the South Africa sale is a critical step toward t

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