BEE Construction News Report

ACTOM acquires specialist air conditioning engineers and contractors company Luwa SA

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“ACTOM is well established as a major supplier of gas and dust emission control systems as well as fans for industrial mining and power applications. The acquisition of Luwa SA extends our involvement in the air movement and controls industry into new industries such as health care and pharmaceuticals via Luwa’s Clean Room Technology,” he stated.

Luwa will operate as a stand-alone business within ACTOM’s Power Conversion Division. “We view the company as a successful and well-run operation and have no intention of incorporating it into another business unit,” Cuthbert emphasised.

Frank Van Dongen, Luwa SA’s Managing Director, commented: “From our point of view an important benefit of the deal is that, by becoming part of one of the most forward-looking BBBEE groups in the country, we gain meaningful status, which opens up new business opportunities for us.

“Another major benefit for our company is that the financial muscle of ACTOM with its strong balance sheet and successful track record as a locally-owned group promises a solid capital base from which to more easily expand our business as requirements demand.”

He added: “We continue to have access to Luwa’s international technology which is a key player in the global textile air conditioning industry and are able to offer solutions to industry generally based on 40 years of local experience.”