Leading Associates

Firms To Watch: Commercial, corporate and M&A

At Alchemy Law, the corporate and commercial team is sought after by clients in the mining, infrastructure, energy, natural resources and consumer goods sectors for its experience in handling joint ventures, M&A deals, BEE transactions and corporate governance issues, to name a few areas. Morné van der Merwe heads up the practice.

Commercial, corporate and M&A in South Africa

Bowmans

Led by Tholinhlanhla Gcabashe, the M&A practice at Bowmans is ‘distinguished by its deep expertise and extensive experience in handling complex transactions‘. Ezra Davids regularly advises domestic and international blue-chip clients on complex transactions, and Nanga Kwinana has a solid track record in handling corporate finance, cross-border securities matters, restructuring, and equity capital markets issues. Ryan Wessels‘ workload includes BEE matters, and James Westgate counts private equity work as a core strength.

Praxisleiter:

Tholinhlanhla Gcabashe


Weitere Kernanwälte:

Ezra Davids; Nanga Kwinana; Lerato Thahane; Charles Douglas; Ryan Wessels; James Westgate


Referenzen

Highly professional and diligent.’

Bowmans has a client-first approach. Strong technical work and good dealmakers.’

Kernmandanten

Absa Bank Limited


Nedbank Limited


FirstRand Bank Limited


AECI Limited


African Rainbow Minerals Limited


AgroFresh Solutions Inc.


Amazon.com, Inc.


Anheuser-Busch InBev


Barloworld Limited


Coca-Cola Company


Groupe Canal +


Harmony Gold Limited


Hollard International


Kuehne + Nagel International AG


MTN Group Limited


Meta Platforms, Inc.


Old Mutual Limited


Peermont Global Hotels and Resorts


Sasol Limited


Stonepeak Infrastructure Partners


TotalEnergies


Telkom SA Limited


Highlight-Mandate


  • Advising Sanlam on its ZAR6.5bn acquisition of Assupol.
  • Acting for Peermont Global on its proposed acquisition by Sun International.
  • Advising Groupe Canal+ on its proposed acquisition of the Multichoice Group.

Cliffe Dekker Hofmeyr

Cliffe Dekker Hofmeyr‘s ‘exceptional‘ corporate and commercial team is ‘extremely efficient‘, with ‘deep knowledge of deals structuring‘ and ‘extensive experience in M&A‘. Ian Hayes, who heads up the practice, is highly regarded for his expertise in advising on the full range of commercial and corporate matters, often for clients in the retail, telecoms, and mining sectors. Willem Jacobs is sought after for his excellent track record in M&A, and is well versed in handling transactions with cross-border elements. Jaco Meyer‘s workload includes assisting with the acquisitions and disposals of companies and businesses in South Africa. Roxanna Valayathum garners praise for her ‘exceptional responsiveness and commitment‘. Shameegh Allen brings experience in corporate restructurings. Justine Krige left the firm in October 2023.

Praxisleiter:

Ian Hayes


Weitere Kernanwälte:

Willem Jacobs; Vivien Chaplin; Jaco Meyer; Roxanna Valayathum; Dane Kruger; André de Lange; Peter Hesseling; Anita Moolman; Andrew Giliam; Shameegh Allen; Storm Arends


Referenzen

‘The team is very detail-oriented and gives sound legal advice. Their turnaround time is always impressive.’

‘Shameegh Allen is a stand-out lawyer, very down to earth, and really knows his stuff.’

‘The M&A team stands out due to its practical, commercial approach to complex M&A transactions. The firm is able to seamlessly draw from different areas of practice to offer a complete advisory service for complex transactions. They are pragmatic and responsive.’

Kernmandanten

ABSA Group


Accenture


AFGRI Holdings


Africa Fruit Holdings


Africa Oil


African Clean Energy Developments


African Rainbow Capital Investments


Alaris Holdings


Aloecap Private Equity Investments


Ampath


Arrowhead Properties


Anglo American


Apple


Associated Fruit Processors


Azelis


Banc of California


Bataleur Investments


BBC Studios


Bentley Systems


Bergson Holdings


Berkshire Hathaway


Biocon Biologics UK


Blantyre Capital


Bopa Ventures II (BVII)


Brait


Brimstone Investment Corporation


Brose International


Bud Group


Burger King Holdings


Capital & Regional


Capitec Bank Holdings


China Communications Construction Company


Clientèle


Climate Focus


Communicare


Coronation Fund Managers


Crossfin Apis Transactional Solutions


Curro Holdings


Distell Group


DRDGold


Dutch Entrepreneurial Development Bank


Eco Atlantic Oil & Gas


Efficient Group


Enernet Global


ENGIE Group Participations


EOH Holdings


EPP BV


Ethos


Excellerate Holdings


Excellerate Services UK


Facebook


Fidelity Security Group


FirstRand


Games Global UK


Global Innovation Fund


Harmony Gold


HG Capital


IEP Group


Imperial Logistics


Indluplace Properties


Ipsidy


Irongate Group


Iveco Group


Kaap Agri


L1 Health


Leapfrog Investments Holdings


Liberty Group


Libstar Holdings


Liquid Telecommunications


Malundi


Masimong Electrical Holdings


Massmart Holdings


Matlosana Medical Health Services


Mediclinic International


Mondelēz International


Morgan Cargo


MSC II Investments


Naspers


Natural Selection Safaris


NEPI Rockcastle


Nordic Impact Funds


Northern Platinum


NS Xudum


Oppenheimer Partners Africa Advisors


Pioneer Food


PPC


Protea Hospitality Holdings


Prudential Financial


PSG Group


RDC Property Group


Reinet Investments SCA


Remgro


RMB Ventures Eight (RMBV)


Royal Dutch Shell


Sabinet Online


SA Corporate Real Estate


SA Greetings Corporation


Sanlam


Serengeti Energy


Shoprite Holdings


Sibanye-Stillwater


Sinopec


South African Airways


South32 SA Coal Holdings


Sovereign Food Investments


Standard Bank Group


Stargems


Stellar Capital Partners


Sun International


Swedfund International AB


Tamela Group


Telesure Investment Holdings


Terrasan Group


The Intrepid


Tiso Blackstar Group


Tower Property Fund


Transaction Capital


Transatlantic Investments


Trafigura


Upjohn South Africa


United Bank For Africa


Universal Sky Carrier


Vodacom


Vodacom Tanzania


Volaris Group


Volkswagen


Vox Telecommunications


Vumatel


Women’s Consortium


Woolworths Holdings


Zulzi


Highlight-Mandate


  • Advised Sun International on its proposed ZAR 3.2 billion acquisition of Peermont Holdings.
  • Advised Clientèle and Telesure Investment Holdings on Clientèle’s acquisition of 1Life Insurance and Telesure’s acquisition of a 26% stake in Clientèle.

ENSafrica

Under the leadership of Doron Joffe and Sanjay Kassen, the corporate team at ENSafrica is well versed in advising clients in the financial services, private equity, and manufacturing sectors on domestic and multi-jurisdictional M&A deals. Matthew Morrison has expertise in handling corporate finance and private equity matters and Nkosi Tshabalala is a key contact for BEE transactions and equity capital markets issues. Corporate restructurings form a key pillar of Lebusa Meso‘s practice, Madison Liebmann‘s workload includes public and private M&A, and Gosego Moroka is experienced in advising on shareholder agreements.

Praxisleiter:

Doron Joffe; Sanjay Kassen


Weitere Kernanwälte:

Matthew Morrison; Lebusa Meso; Nkosi Tshabalala; Michael Katz; Brad Serebro; Gosego Moroka; Madison Liebmann; Atlegang Govuza


Referenzen

‘The size of the firm allows them to utilise diversified specialists in many crucial areas. We have a professional relationship with many of the partners, who always “go the extra mile” for us as a client.’

Kernmandanten

Impala Platinum Holdings Limited


African Infrastructure Investment Managers


NtisoAkhoa Financial Proprietary Limited


Absa Investment Management Services Proprietary Limited


Absa Group Limited


Nampak Limited


Huaxin (Hong Kong) International Holdings Limited


AgroFresh


Webber Wentzel

Webber Wentzel‘s corporate team garners praise for its ‘in-depth understanding‘, and has a strong offering in transactional and advisory corporate matters. BEE transactions are prominent in practice head Safiyya Patel‘s workload, and Gareth Driver is well known for handling securities, corporate finance, joint ventures and corporate governance work. Firm managing partner Sally Hutton is sought after for her private equity expertise, and Jesse Watson is a key contact for consumer and retail sector clients for equity capital markets and securities regulatory matters. Christo Els is highly regarded for his strength in handling large-scale, cross-border transactions across sub-Saharan Africa.

Praxisleiter:

Safiyya Patel


Weitere Kernanwälte:

Gareth Driver; Christo Els; Sally Hutton; Jesse Watson


Referenzen

Webber Wentzel provides exceptional legal services.’

‘A very accessible team.’

The team is fast, reliable, and offers comprehensive advice and solution-orientated support.’

Kernmandanten

Ethos Private Equity Propriety Limited


Knife Capital


Huayou International Resources (Hong Kong) Limited


African Metals Management Services


Sanlam Allianz Africa Propriety Limited


Woolworths Holdings Limited


The Phembani Group


Nimble Group


MTN Group


Actis


South Africa Sahara Trading


Multichoice Group


Heineken International B.V


Liberty 2 Degrees


Omnia Holdings


iCon Infrastructure LLP


OUTsurance Holdings Limited


Highlight-Mandate


  • Advised the Beverage Company and its shareholders on a successful deal exit.
  • Advising The Phembani Group, as minority shareholder in Engen, in relation to the disposal by Petronas of its majority stake in Engen to Vivo Energy.

DLA Piper

DLA Piper Advisory Services (pty) Ltd’s corporate group continues to handle a high volume of work for financial services entities, and is well versed in assisting with cross-border M&A matters. Practice head Peter Bradshaw has established expertise in representing clients in the media, retail, hospitality, and food and beverages sectors in public and private M&A deals. Johannes Gouws advises on securities issues and corporate finance matters, André Visser‘s workload includes corporate restructurings, while Marita van der Walt is noted for her experience in private equity matters. Brian Malcomess is knowledgeable of capital markets work.

Praxisleiter:

Peter Bradshaw


Weitere Kernanwälte:

Johannes Gouws; Brian Malcomess; Charles Smith; Rakhee Singh; Marita van der Walt; André Visser; Sibusile Khusi; Zama Shoba; Mia Dupper


Referenzen

Excellent availability.’

‘They are highly commercial while remaining legally proficient.’

‘They have the ability to provide practical commercial solutions for complex and challenging situations.’

Kernmandanten

Multichoice Group


PricewaterhouseCoopers


Investec Limited


ASP Isotopes


EOH Holdings Limited


nCino Opco Inc


Fortress Real Estate Investments Limited


Unilever


Proparco


OUTsurance International Holdings


Access Bank Plc


Learning Technologies Group


Ukheshe International Limited


Herbert Smith Freehills LLP

At Herbert Smith Freehills LLP, the corporate and M&A team has established strength in cross-border M&A transactions and often advises mining, energy, and financial services clients with a broad range of corporate matters. Ross Lomax continues to assist telecoms, renewable energy, and mining entities with BEE transactions. Private equity, joint ventures, and corporate restructurings form the backbone of Patrick Leyden‘s practice. New practice head Ziyanda Ntshona joined from Poswa Incorporated in March 2025, augmenting the firm’s strength on the M&A front, following Rudolph du Plessis‘ departure in February 2025.

Praxisleiter:

Ziyanda Ntshona


Weitere Kernanwälte:

Ross Lomax; Patrick Leyden; Thandeka Diremelo; Semliki Addison; Menzi Jali; Lauren Paxton


Referenzen

‘They have a great breadth of experience.’

‘Ross Lomax is a master legal craftsman.’

‘Experienced, well resourced, and friendly.

Kernmandanten

Huge Group Limited


Publicis Groupe Holdings B.V.


Comcast Corporation


Engie


Scatec ASA


African Phoenix Investments Limited


Country Bird Holdings


Bel Fromagerie


EDF


Creadev


NTT


Harmony Gold Mining Company Limited


Anglo American


BHP plc


Mulilo Renewable Energy South Africa Proprietary Ltd


Extract Group Limited


River Energy South Africa Proprietary Limited Ltd


IHS Holding Limited


Standard Chartered


Barclays plc


Highlight-Mandate


  • Advised ENGIE and G7 on the structuring and implementation of the sponsors’ equity investment in the project company of the Oya Energy Hybrid project.
  • Advising African Phoenix on a scheme of arrangement matter.
  • Advising Norilsk Nickel Africa Property Limited on the sale of its partnership interest in a joint venture to African Rainbow Minerals Limited.

Werksmans Attorneys

The ‘responsive and helpful‘ team at Werksmans Attorneys continues to handle a high volume of complex takeovers and corporate transactions. Kevin Trudgeon heads up the practice and counts high-profile M&A deals, corporate finance, and private equity as key areas of strength. David Gewer regularly acts for mining clients, and Roelof Bonnet advises construction, technology, and manufacturing sector entities on private equity matters. Banking and finance expert Lureshan Naidoo handles corporate restructurings, joint ventures, and M&A matters.

Praxisleiter:

Kevin Trudgeon


Weitere Kernanwälte:

Elliott Wood; Lureshan Naidoo; Roelof Bonnet; Adam Pyzikowski; David Gewer; Bafana Ntuli; Tiyana Ramchunder


Referenzen

‘The advice was relevant, practical, and solution driven.’

The team was extremely responsive, meticulous, commercial, continuously looking for solutions to challenges and great value for money.’

David Gewer and Adam Pyzikowski were excellent attorneys.’

Kernmandanten

Sasfin Holdings Limited


Vivo Energy Investments B.V.


Textainer Group Holdings Limited


Wheaton Precious Metals Corporation


Life Healthcare Group Limited


Pepkor Holdings Limited


Ibex Investment Holdings Limited


Dutoit Agri Proprietary Limited


Lesaka Technologies Inc.


RMB Corvest


D Capital Fund 1 Proprietary Limited


Vantage Capital Group Proprietary Limited


Link Africa Proprietary Limited


Highlight-Mandate


  • Advised Life Healthcare Group Limited on the disposal of Alliance Medical Group to ICON Infrastructure Partners VI, LP.
  • Advising Sasfin Holdings Limited via its wholly owned subsidiary, Sasfin Bank Limited on SBL’s disposal of its capital equipment finance and commercial property finance businesses to African Bank Limited.

White & Case LLP

At White & Case LLP, the corporate and M&A group in the South African office works in tandem with the firm’s broader network in order to handle a wide range of multijurisdictional corporate issues. Gary Felthun, who heads up the practice, has a solid track record in advising mining sector entities on domestic and international transactional matters, while Tiaan De Wit is highly regarded for his expertise in public M&A deals. Sandile Mathebula was promoted to partnership in January 2024, and Craig Atkinson relocated to the firm’s office in Riyadh.

Praxisleiter:

Gary Felthun


Weitere Kernanwälte:

Sandile Mathebula; Tiaan De Wit; Nonhlakanipho Mchunu; Malerato Motloung; Stef de Gouveia


Referenzen

‘Gary Felthun  is available, and is suggested solutions are always on point and the quality of his work is world-class.’

‘They go out of their way to understand our needs and expectations.’

‘They are very qualified and professional staff. The diverse team is knowledgeable and available.’

Kernmandanten

Aero Accommodation


Capricorn Capital Partners


A.P. Moller Capital


The Carlyle Group


Castleview Property Fund Limited


Hosken Consolidated Investments Limited


FPG Holdings Proprietary Limited


Black Royalty Minerals (Pty) Ltd


Danny’s Auto Body Parts Proprietary Limited


Eco-bat Technologies


Heaven Sent Gold South Africa


Glencore International


Zip co Limited


Montauk Holdings Limited


Harith General Partners Limited


Government of Zambia


Mitsui


Tsogo Sun Limited


Southern Sun Limited


Sanofi-Aventis


Emira Property Fund


Fasken

Fasken‘s corporate and commercial practice has a solid track record in advising on large-scale M&A mandates. Practice head Werner De Waal fields extensive expertise in handling corporate restructurings, joint ventures, and private equity transactions, while Samantha van Breda assists with private M&A issues. Janke Strydom is well versed in handling corporate and commercial real estate transactions. Navisha Ghansoon regularly acts for healthcare, mining, insurance, telecoms, and aviation sector entities. Dimitri Cavvadas left the firm in April 2024.

Praxisleiter:

Werner De Waal


Weitere Kernanwälte:

Samantha van Breda; Navisha Ghansoon; Robin Monteiro; Janke Strydom; Haroon Laher


Referenzen

‘Werner is very experienced.’

‘Exceptional transactional knowledge.’

Kernmandanten

Etion Limited


Rockwell Diamonds


Thor Explorations Ltd.


Eyesizwe (RF) (Pty) Ltd


Impala Platinum Holdings Limited


Red Rocket Energy Proprietary Limited


Lombard Insurance Company Limited


Eastern Platinum Limited


Amcor Flexibles South Africa Proprietary Limited


LGC Standards


STANLIB Asset Managers Proprietary Limited


Agrarius Sustainability Engineered


27four Investment Managers


Highlight-Mandate


  • Advised Greenstreet on its acquisition of a 30% stake in Scatec Solar South Africa B.V. from the Norwegian Investment Fund for Developing Countries (“Norfund”), as well as Norfund’s interest in BEE Loans advanced to Scatec Solar SA 325 Proprietary Limited.
  • Assisted Greenstreet with its acquisition of a 70% stake in Scatec Solar South Africa B.V. from Scatec Solar Netherlands B.V.

Norton Rose Fulbright South Africa Inc

The corporate M&A and securities team at Norton Rose Fulbright has an established track record in advising financial services, mining, energy, as well as technology and infrastructure sector entities on a wide range of corporate and commercial matters. Stephen Kennedy-Good, who heads up the practice, actis for clients from the financial services arena, and Willem de Villiers is well versed in advising on restructurings, M&A, and takeovers. Amber Kardamilakis is ‘very good on the South African BEE landscape‘, and Christina Pretorius is sought after by clients in the mining, healthcare, life sciences and banking sectors. Tamara Gerwel left the firm in March 2024, while Rudolph du Plessis joined the team in February 2025.

Praxisleiter:

Stephen Kennedy-Good


Weitere Kernanwälte:

Willem de Villiers; Christina Pretorius; Amber Kardamilakis; Cameron Bernhardt; Dillon Harris; Rudolph du Plessis


Referenzen

The attitude and approach is personal in nature yet highly professional in quality.’

Quick, efficient, and professional service of high quality.’

The firm is very proactive and solution orientated.’

Kernmandanten

Sanlam Limited


Sanlam Private Equity


Sandvik Mining and Construction SARL (a subsidiary of Sandvik AB)


Sandvik Mining and Construction Tanzania Limited (a subsidiary of Sandvik AB)


Manitou BF


Highlight-Mandate


  • Advised Sanlam Private Equity on the disposal of its entire stake in Absolute Pets Proprietary Limited.
  • Advised Sandvik Mining and Construction SARL on the sale of its mining services business in the DRC to a newly incorporated entity.
  • Advised Sanlam Limited on the repurchase of shares in the client which were held by SU BEE Investment SPV (RF) Proprietary Limited.

Baker McKenzie Johannesburg

At Baker McKenzie Johannesburg, the corporate and M&A team handles domestic and cross-border acquisitions and disposals, often acting for clients in the mining, consumer goods, telecoms, and financial services sectors. Lydia Shadrach-Razzino heads up the practice and is a highly regarded M&A expert and Verushca Pillay has solid expertise in advising on BEE transactions, M&A deals, and private equity transactions. Ashlin Perumall is versed in fintech M&A mandates. Marc Yudaken has left the firm.

Praxisleiter:

Lydia Shadrach-Razzino


Weitere Kernanwälte:

Verushca Pillay; Ashlin Perumall; Tanya Seitz; Refentse Chuene; Kaylea Sher-Fisher; Basanda Maluleka


Referenzen

‘A fantastic team that consistently delivers world class legal service.’

‘Deep industry and regional experience and expertise.’

Kernmandanten

The Foschini Group Limited


Bidvest Office Pty Ltd


Varun Beverages Limited


ZCCM Investments Holdings Plc


Helios Towers (Pty) Ltd


Bidvest Group Limited


Kagera Sugar Limited


Mahlako Energy Fund and Thirdway Investment Partners


Mantengu Mining Limited


The Spar Group Limited


Magnolia Ridge Investment Holdings


Weco Proprietary Limited


GEM Yield Bahamas Limited & GEM Global Yield LLC SCS


Hello Group (Proprietary) Limited


CBRE Inc.


Systems Limited


Equinix Inc.


Royal Bafokeng Holdings Proprietary Limited


Highlight-Mandate


  • Advised Royal Bafokeng Holdings Limited on its acquisition of Telkom Group Limited’s tower portfolio, worth ZAR 6 billion.
  • Acted for Varun Beverages Limited on its acquisition of a 100% stake in the Beverage Company (Proprietary) Ltd, South Africa, and its wholly-owned subsidiaries (Bevco Group).

Clyde & Co LLP

Gasant Orrie and Ernie Van Der Vyver jointly head the corporate practice at Clyde & Co LLP, which is well versed in assisting clients from the insurance, financial services, and real estate sectors with high-value acquisitions. Nicole Britton specialises in financial regulatory law, and is a key contact for insurers for a broad range of commercial and corporate transactional matters. Raeesah Gani brings experience in handling commercial contracts and M&A-related corporate transactions, and Zahrah Ebrahim assists with due diligence and structuring issues.

Praxisleiter:

Gasant Orrie; Ernie Van Der Vyver


Weitere Kernanwälte:

Nicole Britton; Zahrah Ebrahim; Maryam Rawoot; Raeesah Gani


Referenzen

They are always willing to go the extra mile.’

‘They are very attentive to client needs.’

‘There is a variety of talent available.’

Kernmandanten

Grand Parade Investments Limited


Premier Fishing South Africa Proprietary Limited


African Equity Empowerment Investments Limited


Highlight-Mandate


CMS South Africa

Under the leadership of Kabelo Dlothi and Yushanta Rungasammy, the corporate and commercial practice at CMS South Africa has solid expertise in handling cross-border corporate mandates, and continues to assist with disposals, corporate restructurings, BEE transactions, corporate finance and regulatory issues. Dlothi is a key contact for clients in the private equity, energy, infrastructure, and financial services sectors, and Rungasammy has experience in handling pan-African matters, as well as assisting Indian and Chinese clients with a broad range of corporate and commercial work. Sihle Bulose regularly acts for telecoms, mining, consumer goods, and public sector entities.

Praxisleiter:

Yushanta Rungasammy; Kabelo Dlothi


Weitere Kernanwälte:

Sihle Bulose; Aphelele Binta; Ayavuya Jack; Yonela Diko


Lawtons Africa

Led by the ‘highly experiencedJeff Buckland, the corporate team at Lawtons Africa counts M&A transactions as a core area of instruction, and is equally adept at handling joint ventures, BEE transactions, private equity transactions and corporate regulatory and compliance issues, which form a key pillar of Zaakira Haffejee‘s practice.

Praxisleiter:

Jeff Buckland


Weitere Kernanwälte:

Zaakira Haffejee


Referenzen

‘Jeff Buckland is highly experienced and always meets deadlines.’

Kernmandanten

Richards Bay Coal Terminal Proprietary Limited


Highlight-Mandate


  • Advised Richards Bay Coal Terminal Proprietary Limited in relation to a disposal of shares and coal export rights in the company.