Mahogany Private Equity

Mahogany Private Equity has been a 25.1% shareholder in FSM since November 2010. Mahogany is a specialist private equity company and its vision is to acquire significant equity stakes in companies, with long-term shareholding aspirations. Mahogany is majority black woman owned and controlled, which makes it an ideal partner for companies seeking black economic empowerment.

Mahogany believes in paying fair value for its investments and is driven by the ethos of working in partnership with management and fellow shareholders.

Mahogany is invested in the following companies:

• Lireas Holdings
• Avlock International
• DHL Global Forwarding
• Fabricated Steel Manufacturing Company (FSM)
• Powertech Calidus
• Vanderlande Industries
• Clear Edge Filtration

Mahogany is represented by 2 Non Executive Directors on FSM's Board and is actively involved in the strategic management of FSM.

For more information on Mahogany, please visit their website www.mahoganyprivateequity.co.za

Broad based Black Economic Empowerment (BBBEE)

FSM has been audited by EMEX Trust and accredited with a Level 5 BEE status with an 80% recognition level. In addition, FSM is a value adding enterprise and thus our clients receive a 100% BEE procurement recognition.

BEE Certificate

Download the Certificate