Benchmark International Successfully Facilitated the Acquisition of D E I Projects (Pty) Ltd by BUTEC

Benchmark International is pleased to announce the successful acquisition of D E I Projects (Pty) Ltd by BUTEC, marking an important milestone in the growth journey of both organisations.

The transaction brings together D E I Projects' specialist expertise and strong market reputation with BUTEC's extensive international capabilities, creating a platform for continued expansion and enhanced service delivery across the region.

Commenting on the acquisition, Maurice Conradie, representing BUTEC, stated: "We are delighted to complete the acquisition of D E I Projects and welcome the company and its talented team into the BUTEC family. D E I Projects has established an outstanding reputation for delivering high-quality engineering and project solutions, and we see significant opportunities to build upon this success. The company's technical capabilities, client relationships, and experienced management team align strongly with our strategic objectives in Southern Africa. We look forward to supporting the business in its next phase of growth and creating additional value for clients, employees, and stakeholders alike. Benchmark International managed the transaction professionally throughout the process and played an important role in bringing the transaction to a successful conclusion."

D E I Projects is a South African engineering and project management business specialising in the delivery of multidisciplinary engineering solutions to the mining, minerals processing, industrial, and infrastructure sectors. Over the years, the company has built a reputation for technical excellence, innovation, and reliable project execution, providing clients with a comprehensive range of engineering, procurement, project management, and consulting services. Through a highly skilled team and a client-focused approach, D E I Projects has successfully delivered complex projects across a variety of industries. The company has become a trusted partner to many of South Africa's leading industrial and mining organisations, recognised for its ability to deliver cost-effective, high-quality solutions while maintaining the highest standards of safety and operational excellence.

BUTEC is an international engineering and construction group with a longstanding track record of delivering major infrastructure, industrial, energy, oil and gas, and building projects across multiple geographic markets. The acquisition strengthens BUTEC's presence in Southern Africa while enhancing its ability to provide integrated engineering and project delivery solutions to clients throughout the region.

Tylan Miller, a shareholder of D E I Projects, commented on the transaction: "This transaction represents an exciting new chapter for D E I Projects. We have worked hard to build a business founded on technical excellence, strong client relationships, and a commitment to delivering exceptional outcomes. I am confident that BUTEC is the right partner to take the company forward and unlock new opportunities for growth, both for our clients and our employees. I would like to thank the entire team at D E I Projects for their dedication and contribution to the company's success. I would also like to thank Benchmark International for their guidance, commitment, and professionalism throughout the transaction process, helping us achieve an excellent outcome."

Johann Haasbroek, Director at Benchmark International, stated: " We are pleased to have supported DEI Projects and its shareholders in securing the right strategic partner to support the business's next phase of growth. The business has built a strong reputation within the engineering sector and attracted strong interest from high-quality acquirers. BUTEC's global platform, technical capabilities, and strategic vision make them an excellent fit for the business. We wish both parties every success as they embark on this exciting next phase together."

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