HomeBusinessSurjik Group Announces Acquisition By South African Investor Caleb Buford

Surjik Group Announces Acquisition By South African Investor Caleb Buford

In a statement to reporters, Caleb Buford, the new chairman of Surjik Group, expressed his excitement about the recent acquisition and his commitment to the company's growth and prosperity.

Surjik Group, the parent company of SurgeZirc Media, has recently announced the acquisition of eighty percent (80%) of shares by South African-based American private investor Caleb Buford.

The acquisition process, which began in October 2024, was successfully concluded on January 1, 2024. While the financial value of the acquisition has not been disclosed, this development marks a significant milestone for Surjik Group and presents numerous opportunities for growth and success.

- Advertisement -

YOU MAY ALSO LIKE: Eskom Increases Planned Maintenance To Improve Grid Stability

SurgeZirc Media, founded by Sam Zewas in 2018 and managed by Xoliswa Magidigidi as CEO, is a digital publishing company under the Surjik Group umbrella. With this acquisition, the existing leadership structure of the operating companies under Surjik Group will remain intact until further notice.

In a statement to reporters, Caleb Buford, the new chairman of Surjik Group, expressed his excitement about the recent acquisition and his commitment to the company’s growth and prosperity.

He stated, “I am thrilled to announce that I have recently acquired a majority share in Surjik Group. This exciting development marks the beginning of a new chapter for the company and presents numerous opportunities for growth and success.”

Buford, as the new majority shareholder, is fully dedicated to contributing to the growth and success of Surjik Group. He firmly believes in the company’s potential and its ability to make a significant impact in the market.

Buford expressed his eagerness to work closely with the existing team, leveraging his experience and expertise to help turn the company’s vision into reality.

- Advertisement -

Surjik Group has a strong foundation and a solid reputation in the industry. The acquisition gives the company the necessary resources and strategic advantage to reach new heights. Buford’s goal is to build upon the existing strengths of Surjik Group and capitalize on new opportunities, ensuring sustainable growth and long-term success.

As the new majority shareholder, Buford recognizes the responsibility that comes with his position. He is fully committed to upholding the company’s values, principles, and ethical standards. Collaborating closely with the management team, Buford plans to implement effective strategies, foster innovation, and enhance operational efficiency.

Furthermore, Buford is dedicated to fostering a culture of collaboration, transparency, and accountability within Surjik Group. He aims to create an environment that fosters creativity, teamwork, and excellence by empowering employees and encouraging their professional development.

YOU MAY ALSO LIKE: Spotify Slashes 1,500 Jobs In Aggressive Cost-Cutting Move

Buford concluded his statement by expressing his confidence in the collective efforts of Surjik Group. With a shared vision and a commitment to excellence, he believes the company will continue to thrive and positively impact the industry.

He expressed gratitude for the ongoing support and looks forward to an exciting journey ahead as Surjik Group embarks on this new phase of growth and success.

- Advertisement -
Florence Sibiya for SurgeZirc SA
Florence Sibiya for SurgeZirc SA
Florence Sibiya is a highly dedicated and talented reporter for SurgeZirc SA Business News. With her passion for business and her commitment to delivering accurate and reliable news, she has become an invaluable asset to the team.
RELATED ARTICLES
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
- Advertisment -

Just Dropped

0
Would love your thoughts, please comment.x
()
x