Libstar Holdings Limited (JSE:LBR) acquired 60% stake in Umatie (Pty) Ltd for ZAR 1.2 million on December 31, 2021. The acquisition of the Umatie brand, is expected to expand the Group's Retail and wholesale channel footprint within the Perishables segment.

Libstar Holdings Limited (JSE:LBR) completed the acquisition 60% stake in Umatie (Pty) Ltd for ZAR 1.2 million on December 31, 2021.