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Solethu acquires a 25% shareholding in Racec Limited in order to grow its footprint in rail and logistics
RACEC Group Limited, the AltX listed rail and electrification infrastructure solutions company, announced the details of an agreement which it has entered into with Solethu Investments, a black economic empowerment investment company.
Solethu Investments
Group Structure
Solethu Investments is 95% black controlled and is 80% black owned on a flow through basis.
Solethu shareholding structure ensures that it is a black controlled empowerment entity with a sustainable black shareholding base.
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