Valuation Work

Summary of Valuation work Imara has performed

Valuation work is a core part of equity capital markets and merger & acquisition transactions. We have performed comprehensive valuations on behalf of acquiring companies and target companies with view to setting parameters for negotiation of transaction terms or in other instances to help stake holders understand the inherent value of their companies to review the impact of strategic options.

  • We performed an indicative valuation of Medical Investments Limited t/a Avenues Clinic on behalf of Cimas Medical Aid Society in 2021;
  • We performed an indicative valuation of Zimre Property Investments Limited (“ZPI”) for the fair and reasonable opinion on the proposed acquisition of the entire issued share capital of ZPI by Zimre Holdings Limited in 2020;
  • We performed an indicative valuation of Dawn Properties Limited for the fair and reasonable opinion on the proposed acquisition of the entire issued share capital of Dawn Properties Limited by African Sun Limited in 2020;
  • We performed an indicative valuation of Scanlink (Private) Limited and Tredcor (Private) Limited for the fair and reasonable opinion on the proposed acquisition of the entire shareholding of both companies by Zimplow Holdings Limited in 2020;
  • We performed a comprehensive valuation of Proton Bakers (Private) Limited on behalf of its shareholders to assist them in understanding the inherent value of their business prior to consummating an equity sell down transaction;
  • We performed a comprehensive valuation of Medical Investments Limited on behalf of its directors as part of the consummation of a rights offer to shareholders;
  • We performed a comprehensive valuation of Dallaglio Investments Limited on behalf of a Padenga Holdings Limited as part of an acquisition transaction;
  • We performed a comprehensive valuation of Food Fund Investments LLC (United Arab Emirates) for Simbisa Brands Limited as part of the proposed listing of Simbisa Brands Limited on the Alternatives Investment Market of the London Stock Exchange (2018);
  • We performed comprehensive valuations of Nicoz Diamond Insurance Limited and First Mutual Holdings Limited for the fair and reasonable opinion on the proposed acquisition of Nicoz Diamond Insurance Limited by First Mutual Holdings Limited (2017);
  • We performed an indicative valuation of Transerv for shareholders as part of the transaction where shareholders sold a 26% stake in the company to Innscor Africa Limited (2015);
  • We performed an indicative valuation of Sable Chemical Industries Limited and Zimbabwe Fertilizer Company Limited for shareholders (2014);
  • We performed an indicative valuation of Profeeds (Private) Limited on behalf of National Foods Holdings Limited (2013);
  • We performed an indicative valuation of Schweppes Zimbabwe Limited on behalf of shareholders (2013);
  • We performed an indicative valuation of Invesco Limited (Zambia) on behalf of Schweppes Zimbabwe Limited (2012); and

We performed an indicative valuation of National Foods Holdings Limited on behalf of Tiger Consumer Brands Limited (2010).