MARC HASENFUSS: Sprucing up Rextru
It won’t be long before the consortium anchored by empowerment pioneer Marcel Golding and media-shy investor Hugh Roberts shows its hand at Rex Trueform (Rextru)
I suspect it won’t be long before the consortium anchored by empowerment pioneer Marcel Golding (formerly a prime mover at Hosken Consolidated Investments) and media-shy investor Hugh Roberts shows its hand at Rex Trueform (Rextru). Golding and Roberts now have control of Rextru, which has the Queenspark fashion chain, valuable properties in the Salt River node in Cape Town and a substantial cash pile as its main assets. The consortium also has control of African & Overseas Enterprises (AOE), the pyramid holding company for Rextru (and until recently one of the most enduring family-controlled businesses on the JSE).
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