Plant Equipment and Hire May 2018 | Page 7

AFRICA NEWS The Bosch Group is strengthening its business in Africa and expanding its industrial technology portfolio on the continent through the acquisition of South African company Hytec, which specialises in the marketing of hydraulic and automation solutions. The two companies have been working together for more than 50 years. Hytec has about 40 branch operations in South Africa, Mozambique, Namibia, Zambia, Botswana, Ghana, and Kenya, and in 2017, the company, along with its nearly 770 associates, generated sales of EUR86-million. Following the acquisition, Hytec will maintain its existing portfolio of roughly 30 brands under the Hytec name, and its subsidiaries — TECTRA, HAW, HFT, HYSA, Hytec Engineering, and HAS — will also retain their names. Population growth in Africa is expected to see the population of the continent (which also has the world’s fastest urbanisation rate) double to 2.5 billion people by 2050, according to the United Nations, with 187 million Africans expected to be living in cities within the next 10 years. This translates to a growing demand for drive and control solutions for industrial machinery, mobile machinery, and major construction projects. Bosch strengthens African operations with Hytec acquisition Cylinder installation at the Roseires Dam, Sudan. The heavy investments being made in infrastructure projects in areas such as construction and power generation present considerable opportunities. In one major project, the two companies renewed the entire hydraulic equipment of the Roseires Dam in Sudan. At 1 800MW, the output of this dam, situated on the Blue Nile, is comparable with that of a nuclear power station. “Together with Hytec, we can take better advantage of the market opportunities in the African growth industries,” says Rolf Najork, MD of Bosch Rexroth. “We are combining Hytec’s high level of regional marketing knowledge with Bosch Rexroth’s product expertise and technological prowess. This will be a significant boost to our business on the continent.” In recent years, the Bosch Group has systematically expanded its presence on the African continent. Today, it is represented in 10 African countries, focusing on offering affordable solutions and services for local requirements. Bosch has been present in Africa since 1906 and has two manufacturing sites in South Africa, in Brits and Midrand. According to preliminary figures, the company generated sales of some EUR460-million in Africa in 2017. In May 2018, Bosch Rexroth and Hytec will move into new joint premises in Johannesburg, which will house marketing and administration offices, an assembly line, a service centre, and a training centre for courses in hydraulics and automation technology. Including the Hytec workforce, Bosch currently employs more than 1 500 associates on the continent. Bosch also actively promotes talented young people in sub- Saharan Africa, and in 2008, it was one of the initiators of Afrika kommt!, an initiative of German industry for junior managers from the region. APRIL 2018 5