Jacques Liebenberg
Partner | Johannesburg
Contact
T: +27 11 669 9238
Overview
Jacques has experience across a wide range of sectors in advising local and foreign clients on domestic and cross-border mergers and acquisitions (both private and public M&A), equity capital markets and other corporate transactions, as well as general commercial and corporate expertise, including in the areas of company law, corporate governance and securities law.
Experience
Jurisdictions worked in: South Africa
Languages Fluent in: English, Afrikaans, German
Some of the key transactions that Jacques has played a pivotal role on include those in which Bowmans advised:
- The Joint Global Coordinators and Bookrunners in respect of the listing and offering of the shares in Cell C Limited on the main board of the JSE Limited.
- Groupe Canal+ S.A.S. in relation to its mandatory takeover offer to acquire all the issued shares of MultiChoice Group Limited.
- Pick n Pay Stores Limited on its two-step recapitalisation plan, comprising a ZAR4 billion rights offer to existing shareholders and a listing and offering of the shares in its Boxer business on the main board of the JSE Limited.
- The independent board of Royal Bafokeng Platinum Limited in relation to the successful general takeover offer to its shareholders made by Impala Platinum Holdings Limited.
- Barloworld Limited on the unbundling and simultaneous listing on the main board of the JSE Limited of its Avis Budget car rental business, including all required internal corporate restructurings in preparation for the IPO.
- Citrico Global SL in relation to its acquisition from San Miguel International Investments S.A. of San Miguel Fruits South Africa Proprietary Limited, as well as the simultaneous acquisition by SMFSA of the remaining 51% ownership interest not already held by it in EC Citrus Investments Proprietary Limited from African Pioneer Beverages Proprietary Limited.
- Komatsu Limited in relation to the South African components of its announced acquisition of GHH Group GmbH, a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Germany, from Schmidt Kranz Group.
- Sasol South Africa Limited, one of the largest energy and chemicals companies in South Africa, on the disposal of its explosives business and related assets to a newly established joint venture between it and Chile-based Enaex S.A., including the negotiation and conclusion of a subsequent B-BBEE empowerment transaction in relation to the joint venture.
- Lanxess (Pty) Ltd (as well as Lanxess Deutschland GmbH) on the ZAR 1.3 billion disposal of Lanxess CISA (Pty) Ltd and other assets relating to its chrome chemicals business in South Africa to a global leader in the leather chemicals industry based in China.
- Sasol South Africa Limited on the disposal of its sodium cyanide business and related assets to a South African subsidiary of Czech-based Draslovka Holdings.
- Nueva Inversiones Pacifico Sur Limitada in relation to its proposed tender offer bid to acquire up to 50.1% of the issued shares of JSE-listed Sun International Limited, which ultimately did not proceed.
- The International Finance Corporation on its ZAR 150 million investment in a South African student housing investment platform managed by South African Eris Property Group Proprietary Limited.
- Major South African agriculture and agri-processing business, Tongaat Hulett Limited, on the ZAR 375 million disposal of Tambankulu Estates Proprietary Limited to the Public Service Pensions Fund of Eswatini.
- A major South African construction materials company on its comprehensive corporate and debt restructuring.
- A Luxembourg-based global investor services company in relation to negotiating and structuring an aborted South African joint venture for the delivery of fund administration services.
- A leading French waste management company in relation to a comprehensive acquisition due diligence concerning the assets of a major South African environmental and waste services company.
- Swiss engineering company ABB on the South African leg of the global disposal of its power grids business division.
Awards
- Legal 500 ranked Jacques as a Leading Associate for Commercial, Corporate and M&A in South Africa (2026).
- IFLR1000’s Financial and Corporate guide ranked Jacques as a Rising Star for his work in South Africa in 2025.
AREA OF EXPERTISE
Qualifications
Education
- Jacques has an LLB degree from the University of Stellenbosch.
Professional Memberships
- Admitted as an Attorney at the high court of South Afriса
INSIGHTS
Overview
Jacques has experience across a wide range of sectors in advising local and foreign clients on domestic and cross-border mergers and acquisitions (both private and public M&A), equity capital markets and other corporate transactions, as well as general commercial and corporate expertise, including in the areas of company law, corporate governance and securities law.
Experience
Jurisdictions worked in: South Africa
Languages Fluent in: English, Afrikaans, German
Some of the key transactions that Jacques has played a pivotal role on include those in which Bowmans advised:
- The Joint Global Coordinators and Bookrunners in respect of the listing and offering of the shares in Cell C Limited on the main board of the JSE Limited.
- Groupe Canal+ S.A.S. in relation to its mandatory takeover offer to acquire all the issued shares of MultiChoice Group Limited.
- Pick n Pay Stores Limited on its two-step recapitalisation plan, comprising a ZAR4 billion rights offer to existing shareholders and a listing and offering of the shares in its Boxer business on the main board of the JSE Limited.
- The independent board of Royal Bafokeng Platinum Limited in relation to the successful general takeover offer to its shareholders made by Impala Platinum Holdings Limited.
- Barloworld Limited on the unbundling and simultaneous listing on the main board of the JSE Limited of its Avis Budget car rental business, including all required internal corporate restructurings in preparation for the IPO.
- Citrico Global SL in relation to its acquisition from San Miguel International Investments S.A. of San Miguel Fruits South Africa Proprietary Limited, as well as the simultaneous acquisition by SMFSA of the remaining 51% ownership interest not already held by it in EC Citrus Investments Proprietary Limited from African Pioneer Beverages Proprietary Limited.
- Komatsu Limited in relation to the South African components of its announced acquisition of GHH Group GmbH, a manufacturer of underground mining, tunnelling and special civil engineering equipment headquartered in Germany, from Schmidt Kranz Group.
- Sasol South Africa Limited, one of the largest energy and chemicals companies in South Africa, on the disposal of its explosives business and related assets to a newly established joint venture between it and Chile-based Enaex S.A., including the negotiation and conclusion of a subsequent B-BBEE empowerment transaction in relation to the joint venture.
- Lanxess (Pty) Ltd (as well as Lanxess Deutschland GmbH) on the ZAR 1.3 billion disposal of Lanxess CISA (Pty) Ltd and other assets relating to its chrome chemicals business in South Africa to a global leader in the leather chemicals industry based in China.
- Sasol South Africa Limited on the disposal of its sodium cyanide business and related assets to a South African subsidiary of Czech-based Draslovka Holdings.
- Nueva Inversiones Pacifico Sur Limitada in relation to its proposed tender offer bid to acquire up to 50.1% of the issued shares of JSE-listed Sun International Limited, which ultimately did not proceed.
- The International Finance Corporation on its ZAR 150 million investment in a South African student housing investment platform managed by South African Eris Property Group Proprietary Limited.
- Major South African agriculture and agri-processing business, Tongaat Hulett Limited, on the ZAR 375 million disposal of Tambankulu Estates Proprietary Limited to the Public Service Pensions Fund of Eswatini.
- A major South African construction materials company on its comprehensive corporate and debt restructuring.
- A Luxembourg-based global investor services company in relation to negotiating and structuring an aborted South African joint venture for the delivery of fund administration services.
- A leading French waste management company in relation to a comprehensive acquisition due diligence concerning the assets of a major South African environmental and waste services company.
- Swiss engineering company ABB on the South African leg of the global disposal of its power grids business division.
Awards
- Legal 500 ranked Jacques as a Leading Associate for Commercial, Corporate and M&A in South Africa (2026).
- IFLR1000’s Financial and Corporate guide ranked Jacques as a Rising Star for his work in South Africa in 2025.
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