South African tycoon Jens Montanana's Datatec to return $432 million dividend to shareholders
Datatec will return about R7 billion ($432 million) to shareholders through a special dividend, after refinancing its Westcon unit with General Atlantic.
Jens Montanana
Jens Montanana's Datatec makes fourth acquisition of the year with New Mexico deal
Datatec's Logicalis USA has acquired Loial, a New Mexico cybersecurity provider, in the group's fourth acquisition since January. No price was disclosed.
Datatec founder Jens Montanana to pocket $79.5 million as company announces R7.1 billion special dividend
Datatec has announced a R7.1 billion ($434.5 million) special dividend following a refinancing deal with General Atlantic, with founder and CEO Jens Montanana set to pocket R1.3 billion.
South Africa's Datatec posts one of its best years ever as AI drives record demand for cybersecurity and IT infrastructure
Datatec posted gross invoiced income of $8.5 billion and headline earnings per share up 56.5% in FY2026, with CEO Jens Montanana describing it as one of the strongest years in the group's history.
Datatec expects full year gross profit to rise 10% to $998 million as Westcon and Logicalis divisions deliver strong growth
Datatec expects full year gross profit to rise about 10% to $998 million after strong demand across its Westcon and Logicalis divisions in the second half.
Datatec founder Jens Montanana buys European tech firm, plants flag in Poland
Datatec founder Jens Montanana is pushing deeper into Europe, with Logicalis Germany snapping up Berlin-based network automation specialist NetworkedAssets.
South Africa's Datatec, controlled by Jens Montanana, expands into Poland with NetworkedAssets acquisition
Datatec's Logicalis Germany has acquired software specialist NetworkedAssets, giving the South African tech group a new foothold in Poland.
South Africa's Datatec acquires Slovenia cybersecurity distributor Real Security to expand Balkans reach
Datatec says it has bought Slovenia based Real Security, giving Westcon Comstor a Balkans foothold as cybersecurity spending and channel demand grow.
Datatec CEO Jens Montanana to pocket $4.3 million dividend
JSE-listed Datatec lifted its interim dividend to R1.75 a share after headline earnings more than doubled, with Westcon and Logicalis driving margin gains and a swing to net cash.
South Africa’s Datatec arm Logicalis buys UK consultancy to boost services
Logicalis UK&I acquires Q Associates to bolster advisory and consultancy strengths, reinforcing Datatec’s push deeper into services-led growth.
South Africa’s Datatec CEO Jens Montanana lifts stake to $141.8 million
Datatec CEO Jens Montanana has lifted his stake to R2.5 billion ($141.8 million), signaling confidence in the South African ICT group.
Jens Montanana’s Datatec revenue falls to $3.6 billion in FY 2025
Datatec’s revenue dropped nearly 9% to $3.64 billion in FY2025, while net profit rose 36% as the group focused on cost discipline and strategic growth.
South African businessman Jens Montanana gains $28 million from Datatec shares
The jump comes as investors continue to show strong interest in the company, reflecting growing optimism around Africa’s expanding digital landscape.
South African tech mogul Jens Montanana gains $28 million from Datatec stake
This $28.1 million gain demonstrates the rising institutional interest in JSE-listed technology companies with a global presence.
South African tech mogul Jens Montanana buys Datatec shares worth $4.25 million
The move cements his position among the company’s top shareholders and reflects confidence in its future.
South African tycoon Jens Montanana’s stake in Datatec nears $100 million
This solidifies his standing as one of South Africa’s top investors.