Group takes full ownership of Transerv
AXIA Corporation (Axia) has acquired the remaining 12,25 percent stake in automotive spares retailer, Transerv’s minority shareholders, taking its effective shareholding in the business to 100 percent. The transaction, disclosed by Axia in its full year results published last week and which took effect on June 1, 2026, had a purchase consideration of US$1,08 million,… Subscribe to read full article. Subscribe today The post Group takes full ownership of Transerv appeared first on The Financial
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AXIA Corporation (Axia) has acquired the remaining 12,25 percent stake in automotive spares retailer, Transerv’s minority shareholders, taking its effective shareholding in the business to 100 percent. The transaction, disclosed by Axia in its full year results published last week and which took effect on June 1, 2026, had a purchase consideration of US$1,08 million,…
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The post Group takes full ownership of Transerv appeared first on The Financial Gazette.
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About this article
- Length
- 77 words · 1 min read
- Published
- October 5, 2026
- Byline
- Kudzanai Gerede
- Source
- Financial Gazette