Forestry is a very large industry in Africa, with many types of wood being harvested from various corners of the continent. To maximise the output of a forestry business, you need the ideal fleet of machinery to ensure that your projects are in good mechanical hands for optimal results. Time can also be of the essence in this industry, requiring machinery that does not only work efficiently, but also swiftly, saving valuable time in the process. Continue reading
– Phatisa achieves a successful partial exit of Kanu Equipment Limited (Kanu), and raises a further US$ 20 million of expansion capital via Adenia to accelerate Kanu’s aggressive growth plan
Kanu specialises in the supply of branded capital equipment, distribution of high-quality spare parts and the delivery of reliable repair and maintenance services. Under Phatisa’s ownership, Kanu has been driving an expansion strategy across sub-Saharan Africa and the business now operates in 13 countries, servicing the agriculture, construction and mining industries. The business has also demonstrated tremendous organic growth by winning new customers attracted to Kanu’s internationally recognised equipment brands (Liebherr, Bell Equipment, Case IH) and superior levels of customer service and support.
‘Phatisa has been an active and dynamic investor that shares Kanu’s vision of becoming a truly pan-African equipment dealer. As the business continues to evolve, the additional capital will enable the business to deliver this vision,’commented Stephen Smithyman, Chief Executive Officer – Kanu.
Kanu’s premium equipment brands and customer focus differentiate the business from its competitors. This has given the business a strong proposition in its incumbent markets as well as facilitating geographic expansion into exciting new territories including Kenya, Tanzania and Namibia.
Joseph Bergin, Senior Partner and Phatisa deal team leader: ‘Over a short period of time, we have helped Kanu transform into a dominant player in the African equipment industry. We see this co-investment as not only a demonstration of Kanu’s formidable expansion but also a commitment to working together with a highly reputable and value-adding investor to deliver our aggressive growth plan.’
Stuart Bradley, Joint Managing Partner, Phatisa: ‘It is encouraging to be able to conclude another co-investment and demonstrate the benefits of collaborating with other investors. The partial exit endorses our initial investment thesis in Kanu and this is a good signal for potential investors in our Phatisa Food Fund 2 looking for opportunities of this kind.’
Standard Bank and Bowmans provided corporate finance and legal advisory services to Phatisa and Kanu Equipment.
When it comes to construction vehicles and their abilities, it is easy to understand why these vehicles are used for various construction tasks and why they have specific functions. Whether you need strong pushing power, ample rolling power, or capable lifting power, chances are that one of these machines can deliver exactly what you need on the construction yard. Should you be in the construction business in Africa and looking for a viable crane solution, Kanu Equipment offers a wide selection of Liebherr mobile cranes from which you can choose the ideal model with the functionality needed for your business. We offer one of the bigger selections of Liebherr mobile cranes in Africa to offer more options to our customers. Let’s have a look at some of them.
When it comes to the state of the roads in Africa, the situation depends on which country you find yourself in and where you are travelling. Some roads offer excellent asphalt surfaces, but they tend to run out and turn into muddy gravel roads and tracks only suited for off-road vehicles. At Kanu Equipment, we offer amongst the best road construction equipment for sale in Africa that would be ideal for any business looking to buy some to use in the harsh conditions of the African continent. Continue reading
Africa is a continent rich in natural resources, which translates into a strong mining industry in the modern era. Big mining companies have taken advantage of this over the years, with various rich deposits being identified and mined throughout the course of the last century, amongst them gold and diamonds, especially in the southern parts of the continent.
Farming is one of the most common livelihoods and careers in Africa, with countries such as Zambia, Namibia, Zimbabwe, and South Africa having rich soil of which farmers can take full advantage. The farming industry is one of the most demanding industries in the world, although many people may be oblivious to the fact. Every farmer needs an array of tools and machinery to maximise the potential output when harvesting times come around, as the fruits of the farmer’s toil serve as the main source of income to not only sustain the farm, but also the people living and working on it.
If you are in the agricultural business of running and maintaining farms, you know the importance of quality equipment to ensure that everything gets done throughout a work day. One of the most common and regularly used machines in the agricultural industry is the tractor.
When it comes to agricultural vehicles and equipment, tractors are amongst the most versatile, functional, and popular of all. If you visit a farm, chances are good that you will encounter a tractor standing in the barn, ready to execute daily tasks and take care of business, if it is not already out on the fields doing exactly that. Should you be looking for a place where you can find various tractors for sale in Africa, you are looking for Kanu Equipment.
When it comes to mobile cranes, you want a versatile and agile machine. At Kanu Equipment, we offer a range of Liebherr machinery that will get the job done, regardless of the type of surface on which you plan to use these machines. One of the biggest hurdles in the industrial sector is uneven and rough terrain.
Living in South Africa, we have a good sense of what it takes to run and maintain a farm. One of the key ingredients to any successful farm is having the right machinery for tasks to save time and streamline operations throughout the work day and execute their tasks efficiently. At Kanu Equipment, we offer a selection of equipment for agriculture that can be used for daily farming tasks, as well as more specialised areas of agriculture.
