Ince clinches BEE deal with Andile Khumalo
Atkinson and Khumalo families join forces in top marketing and investment communications firm
28 November 2019 - 20:23
Business person Andile Khumalo has bought a 26% stake in family-owned communications and marketing agency Ince, in a move that will improve the company’s BEE status and its offering to clients.
Khumalo bought the shares from Caxton, which held 10%, and Ince founders, Atkinson Family, which disposed of 16% of the business. Ince’s employee investment scheme will own a further 4% stake, taking the company’s total BEE shareholding to 30%. ..
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