Merchantec Capital was designated advisor to the acquisition by Workforce Holdings Ltd of 'the Dyna Group' and its subsidiaries, namely Dyna Industrial Training and Development Proprietary Limited, Dyna Training Namibia Proprietary Limited and NQ Plus Networks Proprietary Limited. The purchase consideration equals (a maximum of) R80m. More info available here: http://www.sharedata.co.za/v2/Scripts/SENS.aspx?id=315106 Workforce specialises in recruitment, personnel management, staffing & outsourcing, training & consulting, financial & healthcare. The Dyna Group is a provider of leadership, management and supervisory training with company owned branches in Cape Town and Windhoek and with franchises, which are not part of the Acquisition, in Johannesburg, Durban and Port Elizabeth. Its training programs consist of proprietary accredited and non-accredited courses that lie just below formal business qualifications offered by tertiary educational institutions.
