Lesaka to Expand its Merchant Division’s Footprint in South Africa’s Informal Market with the Acquisition of Touchsides (Pty) Ltd from Heineken International B.V.

February 5, 2024

https://www.globenewswire.com/news-release/2024/02/05/2823849/0/en/Lesaka-to-Expand-its-Merchant-Division-s-Footprint-in-South-Africa-s-Informal-Market-with-the-Acquisition-of-Touchsides-Pty-Ltd-from-Heineken-International-B-V.html

JOHANNESBURG, South Africa, Feb. 05, 2024 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (Nasdaq:LSAK; JSE: LSK) today announced that it has signed a definitive agreement to acquire 100% of Touchsides (Pty) Ltd (“Touchsides”), a leading data analytics and, insights and merchant services company, from Heineken International B.V. The Touchsides and Kazang businesses are highly complementary, and the acquisition is expected to significantly expand Kazang’s footprint in the tavern industry in South Africa’s informal market.

Read more at globenewswire.com

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