May 25, 2017
LMKR announced today the acquisition of shares from the minority shareholder Actis. Atif and Shabana Khan, the existing majority shareholders, will now hold 100% of the company’s preferred and common stock.
“These are exciting times for LMKR and the future is truly looking bright. I am grateful to my team who provided unwavering support during the last two years of the industry down turn. The share acquisition and the subsequent restructuring will help the organization to be at the forefront of technology innovation and provide double digit growth for the future.”
Atif Khan, CEO LMKR
About Actis
Actis is a leading investor in growth markets across Africa, Asia and Latin America. They deliver consistent, competitive returns, responsibly, through insights gained from trusted relationships, local knowledge and deep sector expertise. Founded in 2004, Actis has an unparalleled heritage in growth markets, set within a culture of active ownership. The company has raised USD$12bn since inception, operating through 13 offices globally.