Novus Holdings Ltd

Business Description

Novus Holdings Limited is a South Africa-based company that is engaged in commercial printing and manufacturing operations. The Company's principal operations are in print media, printing on packaging, and the manufacture of tissue paper. Its segments include print, packaging, and Other. The Printing segment is engaged in the client acceptance of product specifications and completion of printing to client specifications (point in time). Packaging segment is engaged in contractual arrangements with customers, either upon client acceptance of product specifications and completion of the product to client specifications (point in time) or upon delivery of the related product and customer acceptance. The Company is also engaged in selling its products to provincial education departments in South Africa, schools and bookshops, and higher learning institutions in South Africa. Its distribution services are recognized upon delivery of the product to the customer and acceptance thereof.

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