aapm and X-Pert joins forcesNovember 22, 2010
in line with the Group’s strategy of increased focus on the field of project management post year end Paracon Holdings will acquire a 50,2% equity stake in allabout projectmanagement (aapm).
this acquisition complements aapm’s project management capability and gives impetus to the Group’s strategy to grow market share in this arena. it will definitely elevate aapm’s and consequently X-Pert’s status as a market leader in Project Management within South Africa.
this is extremely exciting news in that there are a number of synergies between X-Pert and aapm which will be of significant benefit to both companies. the acquisition will provide both X-Pert and allabout projectmanagement with an enhanced and broader capability and capacity to service their client base across their product offering. allabout projectmanagement, like X-Pert, has offices in both Johannesburg in Cape Town.