LONDON, 10 September, 2010 – Panmure Gordon & Co. is pleased to announce its appointment as financial adviser and broker to Lonrho plc with immediate effect.
Lonrho is a conglomerate focussed on sub-Saharan Africa and its businesses include agriculture, infrastructure, hotels, support services and transport.
Welcoming Lonrho as a client, Panmure Gordon group chief executive, Tim Linacre, said: “Lonrho’s management is ambitious and positive about Africa’s exceptional growth story.
“We are delighted to be appointed as adviser and broker to a company that is so focused on a major emerging market; over half our clients are now either domiciled overseas or have most of their operations based outside the UK. This is a testament to the Panmure Gordon Group’s international focus and our ability to help quality firms access the London and US markets.”