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Montfort Makes Acquisition To Enter South African Energy Market

After opening its first office in the country in 2022, the confirmation of this new partnership has been highlighted as a key step towards realising the company’s goal of strengthening and expanding its supply capabilities in the South African energy market. The company will introduce its brand, products, and services to the market, in order to help meet the future energy needs of the growing South African economy.

Rashad Kussad, CEO of Montfort Group, said, “We are delighted to partner with New Age Energy, and expand our presence to the South African energy markets. Our B-BBEE partners possess a significant amount of market knowledge and expertise which, combined with our trading capabilities and financial support, will enable us to enhance product and service offerings to our valued customers. We firmly believe in the continuing growth of the South African economy and look forward to playing our part in supporting the growing energy demands of the market.”

Esrick Bull, managing director of New Age, added, “Today marks a significant milestone in the history of our company. We are excited to form this strategic alliance with a global energy company such as Montfort. Their expertise in supply and trading, together with their commitment to invest in the logistics and supply chain in South Africa, will enable us to have a strong presence in the market, and further strengthen our capabilities to supply the best fuels at the maximum value.”

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Three-in-one: cutting, welding and cleaning

BMG’s Tools & Equipment division supplies and supports an extensive range of welding products and systems, which enhance efficiencies and ensure optimum safety during metal working in all sectors. “BMG is committed to assisting industry create a healthy, clean and...

Work safely with Grinding Techniques and keep the abrasive edge

The process of extracting, refining and transporting petrochemicals is fraught with danger. Extraction, in a South African context, will include mining of coal for processing into fuel oils and other essential hydrocarbon derivatives. The mining and processing of petrochemical is...

Powering performance in extreme environments: How Sanden’s Compressor Technology is shaping the future of heavy-duty air conditioning

With over 80 years of engineering excellence, Sanden has earned a global reputation for delivering robust, high-performance air conditioning solutions tailored to the demanding needs of heavy-duty vehicles and mining operations. From blazing desert mines to sub-zero construction sites,...
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