Following Germiston-based investment company iSipho Capital Holdings’ acquisition of 90% of Boksburg-based hydraulic and pneumatic manufacturer Anderson & Kerr Engineering in 2017, the hydraulic manufacturer will actively focus on client and market expansion to increase turnover, market footprint and profit, says Anderson & Kerr executive chairperson and iSipho Capital CEO Sipho Mdanda. Mdanda explains to Mining Weekly that iSipho Capital Holdings acquired Anderson & Kerr because iSipho Capital’s main focus is acquiring manufacturing and engineering companies and transforming them through direct operational involvement in day-to-day activities, and it was looking for a supplier for Smith Capital Equipment, now one of Anderson & Kerr’s sister companies, that could manufacture and supply them with cylinders.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access