Benchmark International successfully facilitated the acquisition of Dawning Holdings (Pty) Ltd t/a Dawning Filters by Deneb Investments Limited

Benchmark International successfully facilitated the acquisition of Dawning Holdings (Pty) Ltd t/a Dawning Filters by Deneb Investments Limited

Benchmark International is proud to announce the successful facilitation of Deneb Investments Limited's acquisition of Dawning Holdings (Pty) Ltd t/a Dawning Filters. This transaction underpins the continued strength and stability of Dawning Holdings (Pty) Ltd t/a Dawning Filters and positions the business to deliver accelerated growth and sustained long-term performance.

Deneb Investments Limited is a diverse investment company operating predominantly in Southern Africa with subsidiaries in the UK, Australia and Hong Kong. Deneb is listed on the Johannesburg Stock Exchange under the Diversified Financial Services sector.

Commenting on the acquisition, Stuart Queen, Chief Operating Officer of Deneb Investments Limited stated: “We are delighted to complete the acquisition of Dawning and are confident of its strong prospects. Our aim is to support and accelerate its future growth plans. Mark and Shaun have built an impressive business grounded in strong values and clear commitment to its customers. We look forward to being good partners to them as the business enters this exciting new phase. Benchmark managed the transaction with great professionalism, ensuring a smooth efficient process throughout.”

Our Business is Selling Your Business.

Dawning Holdings (Pty) Ltd, trading as Dawning Filters (“the Group”) is an industrial and process filtration company specialising in filtration hardware and consumables for all liquid, dust and air filtration applications. With more than 35 years in the industry, the Group has established a reputable business that focuses on high-quality products and services that thrive in the industrial, food and beverage industries, as well as the healthcare and pharmaceutical industries. Over the years, the Group has formed significant relationships with long-serving customers, suppliers and distributors, and has tried and tested a wide range of products at competitive prices.

Mark Dain, Financial Director of Dawning Holdings (Pty) Ltd t/a Dawning Filters commented on the acquisition: “From the very first meeting that we had with the Benchmark team, they were nothing but extremely professional and helpful. They listened to our concerns and needs about selling a company very close to our hearts and brought Deneb Investments Limited to the table, who we believe have a similar ethos and values to us.

Throughout the process we had constant communication and participation from Benchmark and it felt like they were always in our corner. During the Due Diligence stage Benchmark offered us professional advice, guidance and support which got the transaction over the line.”

Johann Haasbroek, Transaction Director at Benchmark International, stated: “It was a privilege for the Benchmark team to be involved in the sale of Dawning Holdings to Deneb Investments, and we congratulate both parties on a successful transaction. This is a compelling acquisition for Deneb, creating a strong platform for accelerated growth. We look forward to the next phase of expansion as Dawning Holdings benefits from Deneb’s strategic backing, operational expertise, and geographical reach.”

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