Silvertree Internet Holdings, the SA-based owner of Ucook, Faithful to Nature, PriceCheck and other online platforms, wants to add more companies to its portfolio ahead of its planned listing. The group, which expects to compete for assets with the likes of Naspers, private equity firms and wealthy individuals, was on the hunt for consumer-facing internet companies, Silvertree cofounder and MD Manuel Koser said on Tuesday. "We’re looking at consumer brands, anything from craft beverages to personal-care products to niche ecommerce and classifieds [platforms]," Koser said. Silvertree, which has interests in e-commerce sites such as CyberCellar and CarZar, would also look for more deals in the used cars, organic foods and health and wellness segments, he said. "Ultimately, we want to connect brands via technology to consumers." The group was meeting "regularly" with entrepreneurs in those sectors, said Koser, who cofounded online fashion company Zando and the pan-African e-commerce gr...
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