18
Aug
Staff Writer The Ohlthaver & List (O&L) Group has acquired a majority stake in CRONIMET Mining Power Solutions GmbH from the exiting shareholder CRONIMET Mining AG in Switzerland and the deal is effective, 1 August 2020. Engineering-Procurement-Construction (EPC), is a German-based renewable energy project development, investment and asset management company. “The merger comes after half a decade of successfully partnering with CRONIMET in Namibia through a joint venture. In cementing the corporate merger, the O&L Energy business and CRONIMET will henceforth adopt its new trade name and brand, “O&L Nexentury” As of August 2020, “CRONIMET Mining Power Solutions” and “O&L…