Omnia announces ZAR 21.8 billion offer for Omnia stock

Published on 10/18/2026 at 12:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Solar's offer values Omnia stock at ZAR 134.50 per share on September 14, 2026. Fiscal 2026 revenue rose 6.00 percent to ZAR 24.2 billion.

Transaction and operating scale

Omnia and Solar Industries announced a ZAR 21.8 billion transaction on September 14, 2026.
Fiscal 2026 revenue reached ZAR 24.2 billion, up 6.00 percent year over year.
Fiscal 2026 operating profit increased 28.00 percent to ZAR 2.2 billion.

Omnia, ZAE000005153, Illustration mit AI erstellt.

Omnia (ISIN ZAE000005153) became the target of a proposed ZAR 21.8 billion all-cash transaction announced on September 14, 2026. Omnia said Solar SA Investments intends to acquire all issued ordinary shares through a scheme of arrangement.

The offer sets the strategic frame

Solar offered ZAR 134.50 per Omnia share, excluding treasury shares, according to Benin Web TV on October 9, 2026. The transaction remains subject to regulatory, statutory and competition approvals, with completion expected between early and mid-2027.

The proposed combination would give Solar a broader platform in mining and blasting solutions. Omnia operates in agriculture, mining and chemicals, while its mining division recorded volume growth in Southern Africa and West Africa during fiscal 2026.

Three dated steps shape the story

On September 11, 2026, Omnia said it was in advanced discussions with a buyer, and its Johannesburg share price rose more than 10 percent, according to Benin Web TV. On September 14, 2026, the parties announced the ZAR 21.8 billion offer with a ZAR 134.50 per-share consideration. On October 1, 2026, Omnia opened an analytical services facility in Stellenbosch, extending a group that employs more than 3,500 people.

What does the offer mean for earnings?

Omnia generated revenue of ZAR 24.2 billion in fiscal 2026, an increase of 6.00 percent from the prior year. Operating profit rose 28.00 percent to ZAR 2.2 billion, while net cash stood at ZAR 1.7 billion, according to Benin Web TV. Those figures give the offer a clear operating backdrop: the buyer is acquiring a group with expanding profit and a net cash position.

Next milestone is the transaction process

The proposed deal is expected to proceed through regulatory review before a planned completion window between early and mid-2027. The JSE closing price stood at ZAc 12,284.00 on October 16, 2026 at 5:04 p.m. SAST. The further course of trading is shown by the continuously updated real-time quote of Omnia stock.