The Ohlthaver & List (O&L) Group is set to become the only shareholder of Dimension Data (DD) in Namibia.
According to a statement issued by the group, this move solidifies O&L’s position as a premier systems integration and information and communication technology (ICT) solutions provider in the region.
“This momentous development not only underscores O&L’s commitment to the ICT landscape in Namibia, but also signifies its decision to acquire the remaining 49% interest in DD Namibia, thereby gaining sole control,” the statement reads.
Sven Thieme, O&L Group executive chairman, says: “At O&L we are confident that this acquisition enables us to embrace a transformative force that shapes the future and empowers us to lead change, innovate fearlessly and compete fiercely in a world where technology drives progress.
“O&L recognises the opportunity to become the sole shareholder of this specialised ICT services provider with access to global expertise and solutions while building an authentic, caring and passionate Namibian brand.”
Annalize van der Merwe, the managing director of DD Namibia, expressed excitement about the development and assured stakeholders, clients and employees a seamless transition.
“While our shareholding structure is changing, the continuation of our technical collaboration with Dimension Data and NTT will give us access to global expertise and solutions while we develop a proudly Namibian brand.
“Our commitment to innovation, growth and the highest standard of service to our clients and the communities in which we operate remains unwavering.”
Van der Merwe has reaffirmed O&L and DD Namibia’s dedication to ensuring job security and fostering a stable, experienced and resilient Namibian workforce.
She says the management structure will remain consistent, underscoring a commitment to providing a supportive and nurturing environment for all employees.
The transaction is subject to regulatory approvals, and applications have been submitted.
“As part of our evolving journey, we are developing a new brand identity and reflecting our commitment to innovation and growth,” Van der Merwe says.
– email: matthew@namibian.com.na
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