In July 2003, Daun & Cie gained control of Kolosus,
a JSE-listed company, which was used as the basis for new transactions, mainly the acquisition of
a diversified group of manufacturing companies.

Kolosus then became KAP, with the new name being derived from the German translation of the Cape of Good Hope (Kap der Guten Hoffnung), and was listed as such on the JSE in 2004.

Today, KAP consists of the companies it has acquired since 2004, and the industrial assets of Steinhoff Africa, which were acquired in 2012. KAP is now truly a leading industrial business in southern Africa and has moved from a small-cap to a mid-cap listed company on the JSE.

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