Salt Capital acquires stake in Pirtek Africa
Salt Capital has acquired a stake in Pirtek Africa, an established African-focused supplier and distributor of premium fluid transfer solutions.
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Salt Capital has acquired a stake in Pirtek Africa, an established African-focused supplier and distributor of premium fluid transfer solutions.
Pirtek Africa’s core business revolves around the supply and maintenance of hydraulic and industrial hoses, fittings and related products catering to a wide range of industries, including agriculture, construction, mining, manufacturing and transportation.
Kieron Goss, managing director of Pirtek Africa, commented: “Salt Capital’s partnership with Pirtek Africa will bring together additional resources, know-how and relationships to support Pirtek Africa’s existing franchisee and customer base and further help to grow the Pirtek brand and footprint within South Africa and the African continent.”
Aris Malliaros, partner at Salt Capital, commented: “We are truly excited to be partnering with Pirtek Africa to help drive their ambitious expansion plans. Pirtek Africa has already established itself as a well-recognised and market leading brand in the South African and African fluid transfer solutions markets, built on a reputation for quality and reliability. There remains significant opportunities for the business to further penetrate existing markets and establish significant footprints in new sectors and territories.”
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