Medu Capital has acquired 25.1% of Weir Minerals South Africa (Pty) Ltd, Weir Minerals Africa’s South African operation. The transaction was finalised in Johannesburg in May 2020.

Formed in 2003, Medu Capital is a 100% black-owned investment management company with a focus on private equity.

Explaining the rationale behind Medu Capital taking up the shareholding in Weir Minerals South Africa, co-founder and director Ernest January says Weir Minerals has an outstanding reputati...