Axis Holdco acquires HMG and HMA subsidiaries of asset manager Harel Mallac Co

MAURITIUS – Axis Holdco, a private limited company, has acquired Harel Mallac Global (HMG) and Harel Mallac Advisory (HMA), subsidiaries of Harel Mallac Co, a company that is involved in the manufacturing and trading, business service as well as asset management businesses. The transaction has already received regulatory approval and completed on August 21, 2020. As part of this process, HMG and HMA are respectively being rebranded to Axis Global Services and Axis Corporate Services.  “This is a yet another milestone for the firm as it seeks to achieve its…

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