Big Box Containers (Pty) Ltd

The directors of Spirit Capital are pleased to announce the acquisition of a majority interest in Big Box Containers.

Nature of business

Big Box Containers hires and sells new, refurbished, specialised and customised shipping containers throughout South Africa.

Rationale for transaction

The opportunity to invest alongside proven management, in an industry with significant growth prospects, meets with Spirit Capital’s investment criteria.

Terms of the transaction

Spirit Capital has acquired 80% of the ordinary shares in Big Box Containers with effect from April 2007. The terms of the transaction remain confidential.

Appril 2007 - Sandton

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