Invicta, backed by South African billionaire Christo Wiese, buys UK’s Spaldings Group for $16 million
Invicta Holdings, led by Christo Wiese, buys Spaldings Group for $16 million to strengthen its U.K. and European presence.
Skip to content
Invicta Holdings, led by Christo Wiese, buys Spaldings Group for $16 million to strengthen its U.K. and European presence.
The company’s improved performance reflects ongoing efforts to streamline operations, boost efficiency, and focus on key areas of the business.
Despite facing a $990,000 forex loss, Invicta Holdings reports steady revenue growth and continues its global expansion, with plans to generate half of its income outside South Africa by 2026.
As the chairman of Invicta, Wiese controls a significant ownership stake of 19.23 percent in Invicta Holdings.
Wiese controls a significant ownership stake of 19.23 percent in the Johannesburg-based investment holding company.
Wiese owns a substantial 19.23-percent stake in Invicta Holdings.
Dartcom is Africa’s leading distributor of communication and renewable energy technology solutions.