JSE-listed investment manager Invicta Holdings has entered into an agreement with International Holdings and Investments and KMP Holdings MD Chen Chin Linn to acquire all the share capital of KMP for £12.5-million, or nearly R270-million. KMP is an independent supplier of aftermarket heavy-duty diesel engine parts for industrial and agricultural machinery. Its main distribution facilities are located in Chertsey, in the UK, and Houston and Miami, in the US.
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