Namibia’s largest privately held company, Ohlthaver & List (O&L) Group, led by Namibian businessman Sven Thieme, is set to become the sole shareholder of Dimension Data Namibia, marking a significant milestone in the company’s journey towards solidifying its stature as a leading Systems Integration and ICT solutions provider in the region.
The ambitious acquisition, pending regulatory approvals, represents a milestone for O&L Group, already riding high on Thieme’s success in leading the sale of a 50.01-percent stake in NBL Investment Holdings Limited to Dutch brewer Heineken N.V. in November 2021. The move positions O&L as a key player in Namibia’s ICT sector, signaling the company’s unwavering dedication to driving transformative change in the country’s technological landscape.
O&L Group’s chairman Sven Thieme is optimistic about Dimension Data Namibia acquisition
Thieme, the chairman of O&L Group, expressed confidence in the acquisition’s transformative potential, stating, “At O&L, we believe this acquisition empowers us to drive transformative change, innovate fearlessly, and compete fiercely in a technology-driven world.” He emphasized the strategic importance of becoming the sole shareholder of Dimension Data Namibia, enabling O&L to access global expertise and solutions while nurturing a genuinely Namibian brand.
Annalize Van der Merwe, Managing Director of Dimension Data Namibia, conveyed enthusiasm for this new phase and assured stakeholders, clients, and employees of a seamless transition. “While our shareholding structure changes, our technical collaboration with Dimension Data and NTT remains intact, providing access to global expertise and solutions as we develop a proudly Namibian brand,” she emphasized.
Van der Merwe reaffirmed O&L and Dimension Data Namibia’s commitment to job security and the development of a stable, experienced, and resilient Namibian workforce. She highlighted that the management structure would remain consistent, underscoring a commitment to providing a supportive environment for all employees.
O&L Group’s Dimension Data Namibia acquisition redefines the ICT horizon
O&L Group’s acquisition of Dimension Data Namibia marks a significant step in reshaping Namibia’s ICT landscape. With Thieme’s leadership, the company is poised to leverage this strategic move to drive innovation, competitiveness, and growth in the technology sector, further solidifying its position as a leader in the region.
The strategic transaction underscores Thieme’s adept deal-making skills and commitment to positioning O&L as a dominant force in the regional Systems Integration and ICT solutions sector. This move emphasizes O&L Group’s commitment to leveraging technology’s vast potential to influence strategies, operations, and perspectives in Namibia.
