South Africa’s largest producer of leather hides and skins, Kolosus Holdings, has sold its 50% stake in the De Aar abattoir to GWK Limited.

GWK acquired the abattoir including R2.7 million ($342,136) in debt for R4.5 million ($570,138). The price had originally been negotiated for the sale of the stake to Kalahari Kid in February. However that deal fell through.

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