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# Tag: Simphiwe Mehlomakulu

##### Reatile acquires 37.54% stake in Pragma Holdings

January 31, 2019

The Reatile Group, an investment holding company, has acquired a 37.54% stake in Pragma, one of SA’s leading enterprise asset and facilities management companies. This move enhances Pragma’s potential international growth, while accelerating the organisation’s transformation agenda. “I’ve been involved with Pragma for a while, and I’ve known Reatile for much longer. I believe it’s [...]

##### Tags

37.54%
Adriaan Scheeres
Chairman of Reatile
Engineering firm
Level 1 BEE
Level 1 BEE engineering company
Pragma
Pragma Africa
Pragma Holdings
Reatile
Reatile investment company
Simphiwe Mehlomakulu