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Kholosani Newco 8 acquires Mahube for R555m

PRIVATENov 05, 2026

Acquiring Company

Kholosani Newco 8

Acquired Company

Mahube

South AfricaJohannesburgEnergyRenewable EnergySolarBiomass Energy

Description

Kholosani Newco 8 has made a firm offer to acquire Mahube and take it private for R555 million. The deal is structured as a scheme of arrangement, offering shareholders R10.06 per share, representing a significant premium. The transaction awaits shareholder and regulatory approvals.

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Company Information

Company

Kholosani Newco 8

Location

South Africa

About

Kholosani Newco 8 is a special purpose vehicle comprised of black-owned infrastructure investment firms focused on acquiring shares in Mahube. It is backed by notable infrastructure investors including Kholosani 9 and Damazuzu Investments.

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Frequently asked

Who acquired Mahube?

Mahube was acquired by Kholosani Newco 8, based in South Africa. The deal was reported on November 5, 2026. Kholosani Newco 8 is a special purpose vehicle comprised of black-owned infrastructure investment firms focused on acquiring shares in Mahube. Kholosani Newco 8 is privately held.

When did Kholosani Newco 8 acquire Mahube?

Kholosani Newco 8's acquisition of Mahube was reported on November 5, 2026. Kholosani Newco 8 has made a firm offer to acquire Mahube and take it private for R555 million. The deal is structured as a scheme of arrangement, offering shareholders R10.06 per share, representing a significant premium. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mahube do?

Mahube is a renewable energy investor listed on the JSE, established to focus on infrastructure and renewable energy investments. The company holds minority stakes in several renewable energy projects under South Africa’s REIPPPP. It is privately held, operating in Energy, and is based in Johannesburg.

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