Rising Stars

Firms To Watch: Commercial, corporate and M&A

Morné van der Merwe heads the corporate and commercial practice at Alchemy Law, which has notable expertise in M&A, private equity, corporate finance and structuring, and securities.
Ziyanda Ntshona and Luyolo Poswa co-head Poswa Incorporated‘s corporate and commercial practice. The team advises on M&A deals, shareholders’ agreements, and structuring transactions, among other areas.

Commercial, corporate and M&A in South Africa

Bowmans

M&A forms the backbone of Bowmans’ transactional practice, and the ‘very responsive‘ team has an excellent track in advising financial institutions, state-owned enterprises, government departments, domestic and international companies and banks on public and private M&A mandates. Joint ventures and private equity deals are other key drivers of work for the group. Charles Douglas and Tholinhlanhla Gcabashe jointly head up the department; Ezra Davids stands out as ‘a superb corporate advisor‘, and Nanga Kwinana assists with domestic and cross-border transactions, as well as equity capital markets and corporate finance work. Naqeeba Hassan is also singled out for her contribution to the practice group. In April 2024 Angela Simpson joined the group.

Responsables de la pratique:

Charles Douglas; Tholinhlanhla Gcabashe


Autres avocats clés:

Ezra Davids; Nanga Kwinana; Naqeeba Hassan; Ashleigh Hale; John Bellew; Lerato Thahane; Angela Simpson


Les références

‘Bowmans’ corporate and M&A team is reliable and has a wealth of knowledge of various industries. This allows them to provide business orientated legal advice and with diligence and care.’

‘Nanga Kwinana provides sound, clear and practical legal advice.’

Bowmans’ corporate team is absolutely first-rate. They deliver excellent, business-savvy advice which is practical and commercial.’

Principaux clients

Absa Bank Group Limited


African Rainbow Minerals Limited


AngloGold Ashanti


Aker Horizons


Alexander Forbes


Allianz


Anheuser-Busch Inbev Africa


Ardagh Group S.A and Ardagh Glass Packaging Holdings Africa Proprietary Limited


Barloworld Limited


Digital Realty Inc.


Export Trading Group


Gateway Real Estate Africa Limited


Imperial Logistics Limited


Investec Bank


Lanxess Deutschland GmbH


Mediterranean Shipping Company S.a.r.l


Mondelez


Morgan Stanley


Mr Price Group Limited


MTN Group


Old Mutual Alternative Investments


Old Mutual Limited


One Thousand and One Voices (Mauritius) Limited


Petredec Onshore


Rand Merchant Bank


Royal Bafokeng Platinum


Sasol South Africa Limited


Simmons and Simmons LLP


Sommet Education Sàrl


Sphere Holdings


Standard Bank Group Limited


Sumeru Equity Partners L.P


Telkom Limited


Vendanta Resources plc


Vivo Energy


WSP Group Africa


Yamana Gold Inc.


Principaux dossiers


  • Advising Allianz SE on the establishment of a joint venture with the South African financial services group, Sanlam.
  • Acting as lead counsel to Kuehne Nagel International AG on implementing a series of interlinked transactions aimed at acquiring some entities in the Morgan Cargo Group, via some of the client’s subsidiaries based in South Africa, the United Kingdom and Kenya.
  • Advising Old Mutual on its proposed R2.8 billion BEE ownership transaction.

Cliffe Dekker Hofmeyr

The ‘very practical‘ corporate team at Cliffe Dekker Hofmeyr has ‘a deep understanding of the South African legal, regulatory and commercial landscape‘, and also garners praise for having ‘an immense amount of experience in closing M&A transactions across various jurisdictions‘. Practice head Ian Hayes handles the full gamut of corporate and commercial work, and advises a roster of blue-chip clients in the telecoms, retail and mining sectors on corporate finance, M&A, takeovers, private equity transactions and restructurings, to name a few areas of expertise. Willem Jacobs is highly regarded for his M&A expertise, and is well known for advising on complex, cross-border transactions. The ‘well-informedVivien Chaplin acts for mining sector clients, and Jaco Meyer has ‘in-depth knowledge and understanding of his field and provides insightful, expert advice‘. Dane Kruger and Roxanna Valayathum also play important roles in the practice group.

Responsables de la pratique:

Ian Hayes


Autres avocats clés:

Willem Jacobs; Justine Krige; Vivien Chaplin; Jaco Meyer; Roxanna Valayathum; Dane Kruger


Les références

‘They have felt like true partners. They understand our business and objectives, pre-empt next steps and have always made themselves available when we need them most. ’

‘CDH is client orientated and takes time to collaborate with various industry experts to ensure that a client is supported effectively.’

‘Good legal advice. Quick turnaround times.’

Principaux clients

ABSA Group


Accenture


AFGRI Holdings


Africa Fruit Holdings


Africa Oil


African Clean Energy Developments


African Rainbow Capital Investments


Alaris Holdings


Aloecap Private Equity Investments


Ampath


Arrowhead Properties


Anglo American


Apple


Associated Fruit Processors


Azelis


Banc of California


BBC Studios


Bentley Systems


Bergson Holdings


Berkshire Hathaway


Blantyre Capital


Brait


Brimstone Investment Corporation


Brose International


Burger King Holdings


Capital & Regional


Capitec Bank Holdings


China Communications Construction Company


Climate Focus


Communicare


Coronation Fund Managers


Curro Holdings


Distell Group


DRDGold


Eco Atlantic Oil & Gas


Enernet Global


EOH Holdings


EPP BV


Ethos


Facebook


Fidelity Security Group


FirstRand


Harmony Gold


HG Capital


Imperial Logistics


Ipsidy


Irongate Group


Kaap Agri


L1 Health


Leapfrog Investments Holdings


Libstar Holdings


Liquid Telecommunications


Malundi


Masimong Electrical Holdings


Massmart Holdings


Matlosana Medical Health Services


Mediclinic International


Mondelēz International


MSC II Investments


Naspers


NEPI Rockcastle


Nordic Impact Funds


Northern Platinum


Old Mutual


Oppenheimer Partners Africa Advisors


Pioneer Food


PPC


Protea Hospitality Holdings


Prudential Financial


PSG Group


Reinet Investments SCA


Remgro


Royal Dutch Shell


Sabinet Online


Sanlam


Serengeti Energy


Shoprite Holdings


Sibanye-Stillwater


Sinopec


South African Airways


South32 SA Coal Holdings


Sovereign Food Investments


Standard Bank Group


Stellar Capital Partners


Sun International


Tamela Group


Tiso Blackstar Group


Tower Property Fund


Transaction Capital


Transatlantic Investments


Trafigura


Upjohn South Africa


Valeo Capital


Vodacom


Volaris Group


Volkswagen


Vox Telecommunications


Vumatel


Women’s Consortium


Woolworths Holdings


ENSafrica

The corporate practice at ENSafrica has established strength in advising on prominent domestic and cross-border M&A transactions, private equity deals, and joint ventures. Doron Joffe has over two decades of experience in handling corporate restructurings, equity capital markets, corporate finance, and takeovers; he jointly heads up the department with M&A specialist Julius Oosthuizen. Michael Katz is a highly regarded practitioner in corporate law, and Matthew Morrison acts on listed and unlisted mergers for clients in the financial services sector. Practice group co-head Sanjay Kassen  is a key contact for BEE matters. Gosego Moroka regularly assists with commercial agreements. Madison Liebmann is another notable name in the team, as is Brad Serebro. Julius Oosthuizen is now in-house at SanlamAllianz.

Responsables de la pratique:

Doron Joffe; Sanjay Kassen


Autres avocats clés:

Matthew Morrison; Michael Katz; Brad Serebro; Gosego Moroka; Madison Liebmann


Les références

‘ENSafrica’s legal expertise is unparalleled. Their team possesses a level of deep experience and insight that is truly impressive.’

‘They go above and beyond to provide exceptional legal services.’

‘The diverse specialties of the broader team under one brand is helpful in a complex transaction.’

Principaux clients

Sanlam Investment Holdings Proprietary Limited


African Infrastructure Investments Managers (Pty) Ltd


Sanlam Emerging Markets Pty Ltd


Sanlam Limited


Impala Platinum Holdings Limited


Novus Holdings Limited


Sanlam Life Insurance Limited


Absa


Investec Bank


Ninety One SA


Adcock


Nampak


Tiger


Principaux dossiers


  • Advised Sanlam Investment Holdings Proprietary Limited in regard to the regulatory aspects pertaining to BEE compliance issues arising from a transaction.
  • Advised African Infrastructure Investments Managers (Pty) on its acquisition of the entire issued share capital of the Commercial Cold Storage Group from the Oceana Group.
  • Advised Sanlam Emerging Markets Pty on establishing a pan-African Insurtech alliance with the MTN Group.

Webber Wentzel

Safiyya Patel heads up Webber Wentzel's corporate practice, which continues to handle a high volume of prominent M&A transactions for clients in the technology, media, mining, financial services and healthcare sectors, to name a few areas. Gareth Driver is highly regarded for his expertise in corporate law, with a workload that takes in BEE transactions, joint ventures, corporate finance and corporate governance matters, and firm managing partner Sally Hutton is well known as a private equity specialist. Cross-border transactions form the backbone of Christo Els' practice, while Jesse Watson advises on equity capital markets and public and private M&A deals. Justin Roberts and Colin du Toit also play important roles in the group. In mid-2023 Huneiza Goolam joined the department and Ziyanda Ntshona left the firm.

Responsables de la pratique:

Safiyya Patel


Autres avocats clés:

Gareth Driver; Christo Els; Sally Hutton; Justin Roberts; Huneiza Goolam; Jesse Watson; Colin Du Toit


Principaux clients

Fonzosys (Pty) Ltd


MultiChoice Group


Northam Platinum Holdings


Chemfin Proprietary Ltd


Tyme Bank Holdings


Mediclinic & Manta Bidco Limited


Walmart Inc


Thungela Resources Limited


Ethos Private Equity Proprietary Limited


Ringier ag and BetTech


RMB Holdings


York Timber Holdings Limited


Safari Investments RSA Limited


RCL Food Limited


Infinite Partners


Naspers and Prosus


Woolworths Holdings


Principaux dossiers


  • Advised healthcare company Mediclinic on its acquisition by investment firm Remgro, as well as on its subsequent delisting from the JSE.
  • Assisted MultiChoice Group with establishing a joint venture with NBCUniversal and Sky to provide a streaming service across sub-Saharan Africa.

DLA Piper Advisory Services (pty) Ltd

Peter Bradshaw heads up DLA Piper Advisory Services (pty) Ltd’s commercial, corporate and M&A team, which continues to advise on high-value, cross-border M&A deals, and has also been kept busy assisting with disposals, joint ventures and restructurings. The group is well known for representing clients in the financial services sector, and recent instructions for the department have come from the energy, technology, retail and consumer goods sectors. André Visser ‘is able to deliver out of the box solutions for complex matters‘. Johannes Gouws, Brian Malcomess, Rakhee Singh and Marita van der Walt are also among the star names.

Responsables de la pratique:

Peter Bradshaw


Autres avocats clés:

Johannes Gouws; Brian Malcomess; Rakhee Singh; Marita van der Walt; André Visser


Principaux clients

FirstRand


Barloworld


Fortress Real Estate


Brait


Nedbank


Altron


Investec


Shoprite Checkers


Outsurance


Reunert Limited


Herbert Smith Freehills South Africa LLP

Herbert Smith Freehills South Africa LLP‘s corporate and M&A team draws on the firm’s broader global expertise to assist with prominent cross-border transactions. The group is very experienced in advising mining and telecoms clients on high-value transactions and divestments; restructuring matters have also been prominent in the department’s recent workload. Practice head Rudolph Du Plessis is ‘calm and measured at all times‘ and provides ‘exceptional legal advice‘. Ross Lomax handles BEE transactions in the mining, telecoms and renewable energy sectors, and Patrick Leyden assists with joint ventures, corporate restructurings and private equity matters. Huneiza Goolam left the firm in May 2023.

Responsables de la pratique:

Rudolph du Plessis


Autres avocats clés:

Ross Lomax; Patrick Leyden


Les références

‘Breadth of talent in the team and they collaborate together to provide client solutions efficiently.’

‘Ross Lomax brings a wealth of knowledge to the team and a commercial eye to bringing practical, workable solutions to tricky matters. Patrick Leyden has a keen eye for detail and unpacking legal problems.’

‘Ross Lomax’s prior litigation experience is extremely valuable in constructing contracts that envisage all possibilities.’

Principaux clients

IHS Holding Limited


Huge Group Limited


Publicis Groupe Holdings B.V


Unigreen


Engie


Scatec ASA


African Thunder Platinum Ltd


African Phoenix Investments Limited


Pearson


Bel Fromagerie


EDF


Creadev


NTT


Harmony


Anglo American


Copenhagen Infrastructure Partners


Mulilo Renewable Energy South Africa (Pty) Ltd


Extract Group Limited


River Energy South Africa (Pty) Ltd


Bundu Power


Principaux dossiers


  • Providing ongoing advice to Lagos-based IHS Holding Limited on the acquisition of 5,709 towers from MTN South Africa.
  • Acting as South African legal advisors to Capital and Counties Properties Plc  in relation to the ongoing, proposed all-share merger with Shaftesbury Plc by way of a scheme of arrangement in terms of English law.

Werksmans Attorneys

With experience in handling prominent transactions, M&A, corporate finance and complex takeovers, Kevin Trudgeon heads Werksmans Attorneys‘ practice. The ‘very solution-orientated‘ team has an excellent track record in handling a wide spectrum of corporate transactions, including restructurings and hostile bids. The client base includes insurance, mining, banking, telecoms and retail sector companies. Stephan Lochner handles BEE transactions, and banking and finance expert Elliott Wood advises on private equity matters and corporate restructurings. Wesley Vos is singled out for his contributions. Roelof Bonnet joined the department in February 2023.

Responsables de la pratique:

Kevin Trudgeon


Autres avocats clés:

Stephan Lochner; Elliott Wood; Wesley Vos; Roelof Bonnet


Les références

‘Focused on timely execution. Professional and skillful in negotiating, and comfortable working to very tight deadlines.’

‘Kevin Trudgeon and Stephan Lochner both manage projects well and are very proactive in seeking solutions while at the same time achieving the desired outcomes. Appreciated the wise counsel received from Kevin Trudgeon.’

‘Integrity, experienced and dedicated.’

Principaux clients

Anglo American Inyosi Coal Proprietary Limited


Thungela Operations Proprietary Limited


Vivo Energy Investments B.V.


Investec Limited


Investec Property Proprietary Limited


Novomatic Namibia Gaming Proprietary Limited


Lenmed Health Proprietary Limited


Trident Steel Africa Proprietary Limited


Steinhoff International Holdings N.V.


Capital Appreciation Limited


Sasfin Holdings Limited


Dometic Sweden AB / Cadac International


Madden International


Liberty Two Degrees Limited


Shoprite Checkers Proprietary Limited


Viking Fishing Group Administration Proprietary Limited; and Odin Investments Proprietary Limited


The Atose and Monica Aguele Trust; Hentiq 1647 Proprietary Limited


Steinhoff International Holdings N.V.


Principaux dossiers


  • Advised Vivo Energy Investments B.V. on the acquisition of Petronas Marketing International SDN.BHD’s 74% stake in Engen, including the acquisition of the stake in Engen held by Phembani and Phembani’s reinvestment into Engen.
  • Advised Capital Appreciation Limited on its acquisition of Dariel Solutions Proprietary Limited.

White & Case LLP

White & Case LLP‘s South African corporate and M&A practice leverages the strength of the firm’s wider network to assist financial institutions, private equity funds, commercial real estate, pharmaceutical and mining clients with multijurisdictional corporate matters. Department head Gary Felthun has established expertise in handling M&A and private equity deals, and Craig Atkinson is well versed in assisting with prominent cross-border transactions. Sandile Mathebula is particularly strong at assisting mining and private equity clients with corporate transactions, and Tiaan De Wit is widely recognised for his excellent track record in equity capital markets work and public and private M&A.

Responsables de la pratique:

Gary Felthun


Autres avocats clés:

Craig Atkinson; Sandile Mathebula; Tiaan De Wit


Principaux clients

Anglo American


A.P. Moller Capital


Actis


Black Royalty Minerals (Pty)


Danny’s Auto Body Parts Proprietary Limited


Eco-bat Technologies


Heaven Sent Gold South Africa


Sanofi-Aventis


The Carlyle Group


Glencore International


Government of Zambia


RMI


Mitsui


Seriti Resources Pty


Sedibelo Platinum


SOL


Zip co Limited


Tsogo Sun Limited


Southern Sun Limited


Castleview Property Fund Limited


Hosken Consolidated Investments Limited


Montauk Holdings Limited


Harith General Partners Limited


Montauk Renewables Inc


Frontier Transport Holdings Limited


Deneb Investments Limited


FPG Holdings Proprietary Limited


Principaux dossiers


  • Advised Carlyle on the sale of its shares in Amrod to investment company Oppenheimer Partners Ltd, forming an exit strategy for the client.
  • Advised U Reit Collins (Pty), a subsidiary of Castleview Property Fund, on the sale of its controlling stake in Collins Property Projects (Pty) to Collins Property Group.

Fasken

Led by Conor McFadden, the corporate and commercial practice at Fasken is well known for handling complex, multi-jurisdictional M&A mandates, joint ventures, capital-raising transactions and securities matters. The client base includes agriculture, infrastructure, financial services, mining and energy companies. Samantha van Breda handles private M&A matters, and primarily acts for domestic and international energy and mining companies on joint ventures and restructurings. Dimitri Cavvadas focuses on cross-border acquisitions, M&A deals and disposals, as well as capital markets transactions, and Lesley Morphet advises on the competition law aspects of prominent mergers.

Responsables de la pratique:

Conor McFadden


Autres avocats clés:

Samantha van Breda; Dimitri Cavvadas; Lesley Morphet


Principaux clients

Etion Limited


Rockwell DiamondsThor Explorations Ltd.


Eyesizwe (RF) (Pty) Ltd


Impala Platinum Holdings Limited


Lombard Insurance Company Limited


Eastern Platinum Limited


Alstom


Amcor Flexibles South Africa Proprietary Limited


Agrarius Sustainability Engineered and 27four Investment Managers


Principaux dossiers


  • Acted as co-counsel with the firm’s London office in assisting Thor Explorations Ltd with the preparation of a due diligence report relating to the client’s intention to seek admission for trading common shares on the London Stock Exchange’s AIM market.
  • Advised Agrarius Sustainability Engineered (as issuer) and 27four Investment Managers (as transaction manager) on the JSE listing of a R10 billion Shari’ah compliant, sustainability-linked asset-backed note programme in the agriculture sector.

Norton Rose Fulbright

At Norton Rose Fulbright, the corporate M&A and securities team acts for mining, life sciences, energy, infrastructure, healthcare, technology, and financial services clients in a broad spectrum of corporate matters, and is also noted for its strength in capital markets work. Practice head Stephen Kennedy-Good focuses on cross-border M&A, and derivatives expert Shawn Barnett is well known for advising on domestic and international private equity transactions. Tamara Gerwel acts on restructurings and joint ventures, while Christina Pretorius assists with commercial matters, with a key focus in the mining sector. Willem de Villiers advises financial institutions and listed and unlisted corporate clients.

Responsables de la pratique:

Stephen Kennedy-Good


Autres avocats clés:

Christina Pretorius; Shawn Barnett; Tamara Gerwel; Willem de Villiers


Principaux clients

DNV South Africa Proprietary Limited


Good Falkirk and Taylor Maritime Investments Limited


Sanlam Investment Holdings Proprietary


AfroCentric Investment Corporation Limited


Sanlam Limited


Hollard Insurance Company of Namibia Limited


Government Employees Pension Fund (GEPF)


Insurance Company of Namibia Limited


Sandvik AB


Brentwood Nexus Proprietary Limited


International Finance Corporation


Tickmill Limited


Principaux dossiers


  • Advised Sanlam Limited and Sanlam Investment Holdings Proprietary on combining its asset management businesses with Absa Group Limited’s in which the Sanlam Group will hold the controlling interest.
  • Advised DNV South Africa Proprietary Limited (DNV) on its acquisition of PSD Consulting Engineering Proprietary and Technova’s business.
  • Advising Brentwood on the listing of its ZAR25 billion domestic medium term note programme on the Cape Town Stock Exchange.

Baker McKenzie Johannesburg

Under the leadership of Lydia Shadrach-Razzino, the corporate and M&A practice at Baker McKenzie Johannesburg has a solid track record in representing multinational and domestic clients in a broad range of matters, including disposals, acquisitions, joint ventures, private equity transactions and corporate compliance issues. Marc Yudaken is a key contact for clients in the energy, mining, oil and gas and infrastructure sectors, while Ashlin Perumall has established strength in handling technology sector mandates. Verushca Pillay is well versed in handling BEE transactions. Angela Simpson left the firm in April 2024.

Responsables de la pratique:

Lydia Shadrach-Razzino


Autres avocats clés:

Marc Yudaken; Verushca Pillay; Ashlin Perumall


Les références

Lydia Shadrach-Razzino is one of the leading M&A practitioners in South Africa.’

Principaux clients

Africa Infrastructure Investment Managers


Alterra Capital


Anglo American


Equinix


International Finance Corporation (IFC)


Massmart Holdings Limited


PayPal


RCL Foods Limited


Royal Bafokeng Holdings


Suez


The Foschini Group Limited (TFG)


Principaux dossiers


  • Advised PayPal on a Series A funding round venture capital investment into a South Africa-based FinTech API start-up.

Clyde & Co LLP

Clyde & Co LLP‘s ‘formidable‘ corporate team has solid expertise in advising on cross-border mandates, and has been kept especially busy assisting clients in the financial services, insurance and tech sectors with large-scale acquisitions and restructurings. Gasant Orrie has over three decades of experience in the corporate and commercial space, and co-heads the practice with Ernie Van Der Vyver, who has an excellent reputation for handling M&A and joint venture matters. Financial regulatory law expert Nicole Britton stands out for her ‘depth of knowledge‘, and acts for insurers and reinsurers in corporate matters. Raeesah Gani focuses on corporate transactions and commercial contracts.

Responsables de la pratique:

Gasant Orrie; Ernie Van Der Vyver


Autres avocats clés:

Nicole Britton; Raeesah Gani


Les références

Clyde and Co’s depth of expertise is evident.’

‘Deep technical knowledge and approach to problem solving.’

Gasant is an exceptional listener.’

Principaux clients

Grand Parade Investments Limited


Premier Fishing and Brands Limited


Old Mutual Limited


Communicare NPC


African Equity Empowerment Investments Limited


Sekunjalo Investment Holdings Proprietary Limited


CMS South Africa

Yushanta Rungasammy and Kabelo Dlothi jointly head the corporate and commercial practice at CMS South Africa, which has been kept busy advising on corporate restructurings, BEE transactions, disposals, corporate finance and acquisitions. Rungasammy advises hospitality, mining, commodities, private equity and financial services entities, and Dlothi counts BEE work as a key strength. Sihle Bulose and Aphelele Binta are singled out for their contributions.

Responsables de la pratique:

Yushanta Rungasammy; Kabelo Dlothi


Autres avocats clés:

Sihle Bulose; Aphelele Binta


Principaux clients

Exxaro Resources Limited


Transglobe Holdings Proprietary Limited (previously known as SeaTrade Shipping Services Proprietary Limited)


Massmart Holdings Limited


Maia Capital Proprietary Limited


Principaux dossiers


  • Advised on the disposal of Exxaro Resources Limited’s equity interest in Exxaro Coal Central Proprietary Limited through a bidding process.
  • Assisted Massmart Holdings Limited with the sale of a range of retail and wholesale businesses in Kwa Zulu Natal.

Lawtons Africa

At Lawtons Africa, the corporate practice has a solid track record in advising on M&A, private equity transactions, BEE transactions, disposals, joint ventures and corporate restructurings. Department head Jeff Buckland is ‘an experienced professional‘, and has established expertise in assisting private equity funds with acquisitions and disposals. Zaakira Haffejee handles a broad range of corporate matters, and is also noted for her experience in regulatory compliance and corporate governance issues. Riëtte Engels-Van Zyl left the firm in April 2023.

Responsables de la pratique:

Jeff Buckland


Autres avocats clés:

Zaakira Haffejee


Les références

‘The team is well balanced in terms of experience.’

Jeff Buckland’s work has been of the highest quality and in good time.’

Principaux clients

Richards Bay Coal Terminal Proprietary Limited


Principaux dossiers


  • Advising Richards Bay Coal Terminal Proprietary Limited on a disposal of shares and coal export rights in the company.