Afrirent acquires a majority stake in High Street Auction
In Johannesburg today, 7 October 2024 – Afrirent Holdings, a 100% black-owned and managed mobility, energy, leisure & gaming group announced that it has acquired a 51% stake in High Street Auctions for an undisclosed amount as part of its diversification and expansion strategy.
Senzo Tsabendze, Executive Chairman of Afrirent Holdings said, “We are very excited about our investment into High Street Auctions. They are a quality business with a demonstrable track record of success, and we believe they will add immense value to our business and long-term value creation.