Brait is a holding company built on one big, simple idea: buy large stakes in a handful of private consumer businesses, then wait. Its fortunes rise and fall with a short list of names, above all the gym chain Virgin Active. Full nameBrait SE (formerly Brait PLC) Tickers / exchangeBAT / JSE (Johannesburg); also listed in Luxembourg HeadquartersMoka, Mauritius SectorFinancial Services – Asset Management EmployeesNot disclosed (holding company; staff sit in portfolio companies) Market valueZAC 7.80 billion (US$7.80 billion) Yearly salesZAC 1.80 billion (US$1.80 billion) Net profitZAC 1.32 billion (US$1.32 …
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