Company News & Results / Sanlam

Sanlam Private Equity acquires majority stake in Cullinan's largest employer

In a win for the private equity sector in South Africa as well as transformation in the agro-processing industry, Sanlam Investments through their private equity business, Sanlam Private Equity ("SPE"), has acquired a majority stake in the Cavalier Group of Companies, a supplier of premium red meat products and the largest employer in the Cullinan region of Gauteng for an undisclosed amount.

Sanlam Investments' impact investing funds on track to create 27 000 jobs

Sanlam remains committed to its African operations and reaffirms its confidence in SAHAM Finances acquisition

Sanlam Group CEO, Mr Paul Hanratty, has clarified that Sanlam remains “extremely pleased with the acquisition in 2018 of the SAHAM Finances business, now called Sanlam Pan Africa (SPA) General Insurance” based in Casablanca.

Sanlam pays out over R162-million in COVID-19 claims

R162-million of COVID-19 related claims were paid by Sanlam Individual Life between March and August 2020; with over R17-million paid to clients for sickness and income protection benefits and over R144 million paid in death and funeral claims.