Tabono Investments Acquires Stake in Advanced Group

Tabono Investments has acquired a stake in mining risk management and emergency response specialist Advanced Group and says this will broaden the range of specialized services available in the mining and broader industrial sectors.

It is a well-established business with strong management and will be able to add value by retaining the entrepreneurial spirit, while boosting systems and ensuring the highest levels of corporate governance.

It is a well-established business with strong management and will be able to add value by retaining the entrepreneurial spirit, while boosting systems and ensuring the highest levels of corporate governance.

Advanced Group is currently running an emergency response service for Discovery Insure clients, which covers both medical and fire emergency services. The business covers a range of services related to risk management and mitigation related to fire, including risk analysis, as well as solutions to mitigate and prevent fire risk through fire suppression technologies.

Tabono’s portfolio of companies spans mining, industrial services, technology, construction, specialized engineering, and logistics services in several African countries.

Tabono focuses on an integrated and complementary basket of sectors and is most comfortable with complex industries.

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