Brimstone eyes food sector amid Covid uncertainty
Brimstone, which owns significant interests in JSE-listed fishing companies Oceana and Sea Harvest, will look to ‘go beyond fishing’
08 November 2020 - 00:00
JSE-listed empowered investment holding company Brimstone Investment Corporation plans to keep its debt at manageable levels amid an uncertain Covid-19 environment but is still keen on making acquisitions, particularly in the food and health-care sectors.
“If the environment doesn't really change we will look at reducing debt further. If the market starts picking up we will probably become a bit more aggressive on the acquisition side,” said CEO Mustaq Brey this week...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.