TRUCKS
Isuzu Truck South Africa (ITSA) has acquired Kanu Commercial Body Construction, as well as Automotive Chassis Technologies (ACT), both from Port Elizabeth, in a 100% buyout, effective from August. The transaction will see ITSA morph from a pure commercial original-equipment manufacturer (OEM) into an enterprise that has the capacity to build a finished truck product according to client specifications, said ITSA COO Craig Uren on Thursday, speaking at a media briefing in Johannesburg. “We believe the acquisition of Kanu and ACT will enhance our current business structure. The move to acquire these entities will centralise the process of buying our trucks, with everything processed from one point of contact.”
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