|
|
|
Saturday, October 31, 2009 |
|
Generating power, generating growth…
:: News
|
 |
Source: Jan Oberholzer
“Since inception a few months ago, the power division has been combing the market for strategic acquisitive opportunities and proper partnerships,” says Jan Oberholzer who heads up the Stefanutti Stocks mechanical, electrical and power business unit.
On the distribution side we have established a working relationship with ZRB Electrical, who has in excess of 25 years of experience in the distribution power industry, while on the transmission side we have established a permanent working relationship with RGF Power Projects, who have in excess of 21 years experience. A lot of this experience has been gained outside the borders of Southern Africa, a geographic area we had identified as a priority for the division.
In addition, a memorandum of understanding with Mkhulu E.D.P. has been signed, with the intent of working together on high voltage overhead transmission line construction. Mkhulu E.D.P. has a proven track record and their growth strategy complements that of the Stefanutti Stocks power division.
“We believe there are synergies in working together with all three of these companies,” says Jan, “and have already tendered in joint venture on a selection of projects outside of South Africa”.
Dave Mochrie has been appointed as commercial manager for the power projects division. He brings with him 36 years of construction experience of which a large proportion is beyond the borders of South Africa.
|
|
|
|
|
|
|
|
|