The local management team of Antalis South Africa (Pty) Ltd and Antalis Botswana (Pty) Ltd signed a binding agreement to acquire Antalis South Africa (Pty) Ltd and Antalis Botswana (Pty) Ltd from Antalis International SAS (ENXTPA:ANTA) for an enterprise value of approximately €8 million on July 13, 2018. Antalis South Africa (Pty) Ltd and Antalis Botswana (Pty) Ltd reported sales of €71 million in 2017. The operation is subject to the authorisation of the local competition authorities and should be finalised during the summer. The local management team of Antalis South Africa (Pty) Ltd and Antalis Botswana (Pty) Ltd completed the acquisition of Antalis South Africa (Pty) Ltd and Antalis Botswana (Pty) Ltd from Antalis International SAS (ENXTPA:ANTA) in early October 2018.