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Altron acquires security firm Lawtrust for R245 million

Altron acquires security firm Lawtrust for R245 million Subscribe JSE-listed Altron has acquired digital signatures services company Lawtrust from Etion for R245 million subject to Competition Commission approval. Lawtrust is a digital trust services and cyber information security solutions company which provides solutions used to verify the authenticity of digital identities and counterparty systems in transactions, data encryption, digital signatures, as well as biometrics. “In 2019 we acqu...
South Africa Mteto Nyati Competition Commission Certificate Authority Ubusha Technologies Altron Security

Altron buys digital signatures firm Lawtrus

by JOHANNESBURG, (CAJ News) – ALTRON, the Johannesburg Stock Exchange-listed company, has acquired digital signatures services firm, Lawtrust, in a deal worth R245 million (US$17 million). The acquisition from Etion is subject to Competition Commission approval In 2019, Altron acquired Ubusha Technologies, a leader in identity management, which formed the foundation of Altron Security. “It has proven to be a great acquisition as customers accelerated their digital transformation due to CO...
South Africa Mteto Nyati Competition Commission Caltron Group Johannesburg Stock Exchange Listed Ubusha Technologies

ALLIED ELECTRONICS CORPORATION LIMITED – Acquisition of Lawtrust - SENS

(Incorporated in the Republic of South Africa) Share code: AEL ISIN: ZAE000191342 (“Altron” or “Altron Group” or “the Company”) ACQUISITION OF LAWTRUST – CATEGORY 2 TRANSACTION 1. INTRODUCTION TMTSA Group Proprietary Limited (“Altron TMTSA”) has entered into an agreement (“Agreement”) with Etion Limited, a South African public company listed on the Johannesburg Stock Exchange with Registration Number 1987/001222/06 (“E...
South Africa Republic Of South Africa South African Altron Or Group Listings Requirements Stock Exchange

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