Announced

CTI to acquire Safety SA from Carlyle.

Synopsis

Centre Testing International Group, a third-party testing, inspection, and certification provider, agreed to acquire Safety SA, a South African testing, inspection, certification, and training provider, from Carlyle, a private equity firm. Financial terms were not disclosed. “This is a significant milestone for Safety SA. We are delighted to be joining forces with CTI, a global leader in the TICT space. This partnership will help us reach our goal of growing our presence significantly across Africa and the Middle East," Pieter Erasmus, Safety SA CEO.

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