Bell Equipment signs BEE deal with women-owned entity

Heavy equipment manufacturer Bell Equipment has signed a black economic empowerment (BEE) agreement with SiBi Capital, an entity entirely owned and managed by black women. When concluded, SiBi Capital will hold 22.5% of Bell Equipment Sales South Africa (Bessa), the wholly owned subsidiary of Bell Equipment. Bessa provides sales and aftermarket support for Bell-designed and -manufactured products, as well as for strategic alliance partner products, in South Africa.