Salt Capital is pleased to announce its strategic investment in Pirtek Africa; an established African focused supplier and distributor of the world’s leading 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 ensuring that their customers experience minimal downtime and maximum efficiency.
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.
Pirtek Africa’s ethos of sustainable business practices aligns with Salt Capital’s investment strategy and impact agenda. We look forward to working closely with Pirtek Australia and the management team as the business embarks on its accelerated growth strategy.
I wish to extend a special thanks to both Pirtek Australia and the Duncan family for their valuable input and support in concluding this investment, and we feel privileged to be entrusted with this next important phase of growth for the Pirtek brand in Africa.”
About Pirtek and Pirtek Africa
Pirtek, initially founded in Australia in 1980, is the world’s leading supplier of premium fluid transfer solutions servicing diverse industry sectors. Pirtek has since established a global brand and across 400+ locations in over 20 countries including Australia, Singapore, South Africa, New Zealand, USA and across Europe.
Pirtek Africa, established in 1999, owns the exclusive master franchise rights to supply and distribute the Pirtek branded fluid transfer solutions offering for the African continent. Initially the business focussed on the South African market, amassing in excess of 23 locations nationally and has subsequently expanded its African footprint to 7 other countries including Ghana, Kenya, Nigeria and Tanzania through a proven and established franchise business model.
For more information, visit https://pirtek.co.za/ https://www.pirtek.com.au
About Salt Capital
Founded in 2012, Salt Capital is an established growth capital investor that has extensive experience in assisting African businesses to grow. With a proven track record of partnering with African and South African business owners, Salt Capital brings with them a core team of uniquely experienced professionals who specialise in the Southern African Development Community (SADC). Salt Capital’s current fund is anchored by a diverse and blue-chip international investor base.
For more information, visit www.saltcapital.com or follow us on LinkedIn.
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