Spur Corporation Ltd signed an agreement to acquire a 60% stake in Doppio Group from Paul Christie and Miki Milovanovic on July 26, 2023. Post completion of the acquisition, both will each retain a 20% share in the business and Paul Christie and Miki Milovanovic will continue as executives for at least five years. The transaction is subject to approval of competition authorities. The transaction is expected to close by September 1, 2023. As of year ended February 2023, Doppio Group reported the revenue of ZAR 600 million.

Spur Corporation Ltd completed the acquisition of 60% stake in Doppio Group from Paul Christie and Miki Milovanovic for SAR 70 million on December 1, 2023. Under the terms of agreement, the purchase consideration for 60% of the Target Business is estimated at R70 million and will be settled in cash, but is subject to various adjustments depending on the value of certain assets and liabilities as at the effective date. The Doppio Group employs approximately 669 employees and it is intended that all employees will be retained within the Target Business. The acquisition is now unconditional.