Eastvaal
Motor Group is one of the largest distributors of motor
vehicles and ancillary products in Mpumalanga and Northwest Province.
Vision:
To become the foremost second-tier motor group in
the country
| Values: |
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Passion |
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Service excellence |
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Pride in our product, company
and self |
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Integrity |
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Strong relationships with
all our stakeholders |
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Customer focused |
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| Brief
History |
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Founded in 1968 |
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Listed on JSE in 1988 |
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Majority shareholding purchased
and subsequently de-listed in 2004 |
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Turnaround commenced in
earnest with addition of financial and management
muscle |
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Footprint and number of
franchises expanded to 14 franchises in Mpumulanga
and The North West Province |
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|
| Numbers |
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Turnover in 2008 was R 900 million |
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14 franchises |
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Largest Ford non-metro
dealer |
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Toyota dealer has been
dealer of the year three times |
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300 Staff |
We are also
proud to note that both MIC and Macsteel are major
shareholders in our business.
Mineworkers Investment Company
The Mineworkers Investment Company (MIC) is a broad based BEE investment company established by the Mineworkers Investment Trust (MIT) in 1995 to make profitable commercial investments, achieve workplace transformation and the funding of social development programmes. MIC currently has assets under management in the region of R3 billion.
MIC started in 1995 with R3 million seed capital for the benefit of mine, energy and construction workers and their dependants. Since inception, MIC has disbursed R368 million directly to MIT, including the single largest disbursement made to date by an empowerment company to its trust of R245m in 2008. These funds have been utilized by the MIT to fund its social development programmes in the areas of education, poverty alleviation and micro-enterprise development.
MIC was awarded the Business Map & Business Report - 2006 Top BEE unlisted company, and the Barloworld / Wits Business School top 2008 BEE deal (Primedia) and runner-up (Peermont). MIC is the single biggest shareholder in Eastvaal Motor Group and their other investments include stakes in Primedia, FirstRand, BP, Tracker, Peermont, Masana Petroleum Solutions, Setpoint Holdings, Izazi Solutions, General Electric South Africa Transportation (GESAT) and MSA Africa. Its investment in Eastvaal is part of the group’s strategy of diversifying its current investments into new sectors, such as the motor sector.
Macsteel
The Macsteel Holdings Group is an international
steel trading and distribution group, with a branch
network
in South Africa, the United States and Israel. In
addition it has a joint venture with Mittal Steel
SA, exporting steel from South Africa and elsewhere. The Group has a world wide turnover of some R60 billion,
conducted out of some 100 Service Centers and the
trading network of Macsteel International. It employs
some 7000 people.
The South African activities are conducted through
Macsteel Service Centers SA 2005, which has 50 branches
in South Africa and some 20 in the rest of Africa,
with the turnover of some R7 billion. Macsteel Service
Centers SA 2005 has recently announced a BEE transaction,
in terms of which a number of organizations and individuals
have acquired a 25,5% interest in it.
| Eastvaal
Motor Group’s services includes: |
| • |
Purchasing
of new and pre-owned vehicles. |
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Servicing
and repair of vehicles. |
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Distribution
of parts. |
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We
deliver countrywide and to Gauteng everyday. |
The group is dedicated to provide your organisation
with a premium fleet buying experience. We offer a
world-class service that meets the needs of today's
demanding fleet decision makers and drivers. The fleet
department’s strategy is to form a long term
relationship with you the customer and assist you
to make informed decisions when purchasing any new
vehicles. We endeavour to “over deliver” and “under
promise”.
We are looking forward to
be of service to you!
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