South Africa’s largest electro-mechanical equipment and services group ACTOM has acquired the operational assets of Gauteng-based WPI Power Solutions, a company specialising in the repair and maintenance of electrical networks.
The acquisition is effective from July 2016. WPI Power Solutions retains its name but is to be merged into ACTOM MV Switchgear based in Knights, Germiston. WPI has been in operation for over 20 years and has branches in Carletonville, eMalahleni (Witbank), Secunda and Vanderbijlpark.
ACTOM MV Switchgear, which is South Africa’s leading manufacturer and supplier of medium voltage indoor switchgear and outdoor miniature substations, recently diversified into the maintenance of electrical networks. It won its first major contract in this field in December last year when it was awarded a R34-million three-year contract by Ekurhuleni Metropolitan Municipality for the repair and maintenance of electrical distribution equipment and related assets in the municipality’s southern region, including Boksburg, Germiston and Alberton.
Martin Kelly, ACTOM MV Switchgear’s Divisional CEO, said the acquisition of WPI provides just what the business unit requires to strengthen and accelerate its advance into the electrical network repair and maintenance field. “WPI brings with it a well-established customer base that includes several large mining groups and a variety of blue chip industrial companies. It is equipped with a strong branch infrastructure and expert staff,” he commented.
“It has extensive experience and expertise in undertaking large scale projects involving preventative maintenance and repairs of networks up to 132kV,” he added.