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Monday, 19 October 2020: JSE-listed Omnia Holdings Limited (“Omnia”), announced that it has reached an agreement to dispose of Oro Agri to Rovensa, a European-headquartered business which produces and distributes biocontrol, bionutrition and crop protection solutions. This follows Omnia’s announcement in June that it had received a non-binding offer which warranted further investigation...

In its SENS announcement dated 22 June 2020, Omnia advised that it had received a non-binding indicative offer for Oro Agri, the international AgriBio business Omnia acquired in 2018. This offer was received from Rovensa, a European-headquartered business controlled by private equity funds, Bridgepoint and Partners Group... Download.

Johannesburg, 07 September 2020 – GCR Ratings (“GCR”) has upgraded Omnia Holdings Limited and Omnia Group Investments Limited’s long and short-term issuer ratings to BBB+(ZA) and A2(ZA) respectively, from BBB-(ZA) and A3(ZA) previously. The Outlook has also been revised to Stable, from Negative previously. Download.

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