Kogae Rainbow Investment Holdings acquires majority stake in Boomgate

South African investment firm Kogae Rainbow Investment Holdings has acquired a 65% equity stake in Boomgate, a prominent local manufacturer specializing in high-security access control systems. The acquisition encompasses both Boomgate Systems and Boomgate International, marking a significant strategic move aimed at scaling the company’s operations and expanding its reach across global markets. Thabile Wonci, CEO of Kogae Rainbow, emphasized the transformative potential … Continue reading Kogae Rainbow Investment Holdings acquires majority stake in Boomgate