Bosch Rexroth to acquire 50% of Hytec
3rd Quarter 2014
News & events
Bosch Rexroth plans to acquire a 50% share in its sales partner Hytec Holdings, a wholly owned subsidiary of the Tesuco Group, subject to regulatory approval. Hytec Holdings generated sales of almost R1 billion in the 2013/2014 fiscal year. The transaction will cement Hytec’s position as the leading supplier and manufacturer of hydraulic and automation components and fluid power solutions in Africa.
“Strategically the deal allows Hytec to gain closer synergies with a business partner with whom we have strong ties, combining our complementary activities to achieve greater performance and increase our market share in sub-Saharan Africa,” said John Wingrove, group managing director of Hytec Holdings.
From l: Ingo Neuer, head of legal department, Bosch Rexroth; Michael Burgess, CEO of Tesuco Holdings; Peter Daus, director of regional management, Bosch Rexroth; John Wingrove, group managing director of Hytec Holdings.
“This acquisition is an important step for Bosch Rexroth to increase its presence in Africa. It brings together two premier organisations and reinforces our strong joint commitment to the African continent. Combining the best talent in our two organisations enhances our ability to deliver world-class solutions,” said Dr Karl Tragl, president of Bosch Rexroth.
Michael Burgess, CEO of Tesuco Holdings added, “From a Tesuco perspective, the deal affords Tesuco the opportunity to further advance its existing and greenfield business interests by optimising existing assets.”
Hytec’s existing 31 branches and operations across South Africa, Ghana, Mozambique, Namibia and Zambia will provide a strong basis for Bosch Rexroth to further expand its network into Africa, which is seen as a key growth area.
For more information contact Willem Gijzelaar, Hytec Holdings, +27 (0)11 979 4630, [email protected], www.hytec.co.za
Further reading:
Next-generation motor management solution
Schneider Electric South Africa
News & events Other technologies
Schneider Electric has launched its TeSys Tera motor management solution in the West African market, combining advanced motor protection, digital connectivity and real-time diagnostics for manufacturing, mining and water applications.
Read more...
Integrated Air Solutions places energy efficiency at centre stage
News & events
Integrated Air Solutions will showcase Tier 1 compressor brands, advanced technologies and compressed air solutions at Electra Mining Africa 2026, with energy efficiency and total cost of ownership at the core of its exhibition theme.
Read more...
SI programme strengthens partner ecosystem
Schneider Electric South Africa
News & events
Schneider Electric will soon officially launch its new System Integrator (SI) Programme, which will mark a major change in how the company partners with industrial automation specialists across Southern, East and West Africa.
Read more...
OMRON Robotics demos next-generation autonomous mobile robots
Editor's Choice News & events Robotics & Mechatronics
Advancing smarter material flow with the all-new LD-150 and LD-300 AMRs, OMRON Robotics demonstrated the next generation of its flagship LD series autonomous mobile robots (AMRs) at Automate 2026 in June.
Read more...
Pump spares and parts for Africa
News & events
KSB Pumps and Valves explains how its decentralised stockholding and local manufacturing keep spares and parts available across its installed base in Africa.
Read more...
The hidden heroes who shape Africa’s industrial future
Bosch Rexroth Africa
Editor's Choice News & events
Behind every industrial success story, there’s a human one. Their names may never appear on a project signboard or in a headline. Yet their expertise and determination keep industries moving every day.
Read more...
Bühler Southern Africa leads industry dialogue on apprenticeships
Editor's Choice News & events
Bühler Southern Africa brought together representatives from industry, government and international organisations on
30 June 2026 to explore how quality apprenticeships can help bridge the gap between high youth unemployment and industry demand for skilled technical workers.
Read more...
Drive technology for the agricultural sector
SEW-EURODRIVE
News & events
SEW-EURODRIVE’s advanced drive, automation and condition monitoring technologies are helping agricultural businesses.
Read more...
New digital tool reconditioning portal puts customers fully in control
News & events
Sandvik Coromant has upgraded its tool reconditioning service for solid round tools. The upgraded service replaces a previously manual, multi-stage workflow with a streamlined, fully online experience that dramatically reduces quotation and turnaround times.
Read more...
New automation innovations on show at Electra Mining Africa 2026
News & events
South African engineers are leaders in innovation and technology development. Many of these innovations and newly automated systems will be on display at the largest trade show of its kind in southern Africa, Electra Mining Africa 2026, taking place in Johannesburg later this year.
Read more...
printer friendly version