RBH holds 12.5% in Metair Investments Limited. This interest represents the first significant investment by a black investor in the automotive manufacturing sector.
Listing: JSE: MTA
Metair Investments Limited encompasses a portfolio of companies manufacturing and distributing products predominantly for the automotive industry. Five operating subsidiaries and one associate company are autonomously managed and each has a specific product focus.
Automotive components are supplied primarily to South African assemblers of new vehicles (OEMs), as well as to the replacement market. An increasing proportion of the output is exported. Products manufactured include heating and cooling systems, shock absorbers, springs, lead acid batteries, lighting and signaling devices, plastic mouldings and wiring harnesses.
Ongoing investment in facilities and people ensure that subsidiary companies meet the challenge of continuous improvements in quality and efficiency while maintaining their competitiveness.
Mpueleng Pooe appointed Chairman of Metair
15 June 2007
Mpueleng Pooe (chairman)
Bothata Molotlegi
Lucas Ndala (alternate)
