n Without Prejudice - It didn't fit - but it certainly paid off : dealactivity
|Article Title||It didn't fit - but it certainly paid off : dealactivity|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Publication Date||Oct 2013|
|Pages||69 - 70|
Mark Lamberti has developed an envied eye for an investment - when he took over Makro in 1988 he turned the company around from a loss of R7m on R500m turnover to a group (Massmart) spanning the continent with a turnover of almost R35bn when he stepped down in 2007 - including, importantly, when to exit. Shades of both skills are evident in Lamberti's most recent deal.
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