August 2013 (Exited in 2018)
9% in Tosaco
Type: Refining and Marketing
Innovation: Growth strategy in place to expand retail business footprint nationwide
Status: Consortium of diverse BEE entities which purchased a 25% stake in Total South Africa (TSA)’s refining and marketing operations
USPs: Relationship with The Total Group, one of the largest integrated oil and gas companies in the world. Strong network of over 500 service stations throughout South Africa. TOSACO is positioned for sustainable performance in a lower oil price environment
Co-investors: Calulo Energy Investments, Southbase Investment, Capital Oil, Development/Employee Trust, Remgro
Why we invested
FAIS Act Disclaimer
Ata Capital (Pty) Ltd (Registration Number 2006/028451/07) is an authorised Category I and II Financial Services Provider (“FSP”) in terms of the Financial Advisory and Intermediary Services Act, 37 of 2002 (“FAIS Act”) with FSP number 46869. The information and/or opinions contained herein should not be construed as advice as defined in the FAIS Act; neither do they constitute a solicitation, invitation or investment recommendation. Investors should take cognisance of the fact that there are risks involved when buying, selling or investing in any financial product. The value of investments may fall as well as rise, and investors may not recover the capital invested.
Given that value of investments will fluctuate over time and that past returns may not be indicative of future performance, investors should seek independent professional financial, legal and tax advice relevant to their individual circumstances before making any investment decision. The validity and accuracy of any illustrations, forecasts or hypothetical data are not guaranteed and are provided for illustrative purposes only.
Conflict of Interest
A copy of the latest version of our Conflict of Interest Policy can be obtained by sending an emailed request to firstname.lastname@example.org
Ata Capital’s data management policies are aligned with, and comply with, the provisions of the Protection of Personal Information Act, 4 of 2013 (“POPI Act”). A copy of our POPIA Manual can be obtained by sending an emailed request to email@example.com
By accessing this website, you are assumed to have read and to have understood the contents of this disclaimer.