The new Weidmüller assists with black empowerment
January 2001
News
With the transfer of ownership following the successful buyout of Weidmüller from the German parent company, the Managing Director of RAD Interface, Derrick Mulligan announced that the current Rail and Box assembly division has been established as a separate black empowered company under the ownership of a former employee of Weidmüller, Ernest Radebe. Mulligan stated, "This had been planned and discussed for some time and although this is a small portion of our old business it has the makings of becoming a profitable success. We feel that the fruits of this success should go directly to the employees who make it happen!"
The new company, Radebe Techsystems, will provide rail and terminal assemblies, terminal junction boxes and other junction box assemblies for the industrial and process industry. This 100% owned black empowered business will be established with the guidance and support from RAD Interface management to ensure that the new owner and employees have the required skills and financial support to expand and grow. "I see this new company as starting off as a small entrepreneur to becoming one of our key accounts in a couple of years time," said Alex Lockyer (Sales Director).
The new company will initially operate out of the RAD Interface premises in Sebenza Edenvale and although owned by Radebe will keep close ties with RAD Interface and will be using Weidmüller products for production of the assemblies.
Mulligan commented, "I am proud of this initiative, and feel in the new South Africa business must take initiatives like this to enhance the business spirit and success of previously disadvantaged individuals."
RAD Interface
(011) 452 1930
[email protected]
www.radinterface.co.za
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