EOH grows its energy digitalisation portfolio
Johannesburg, 3 August 2017 – EOH, Africa’s largest technology and services provider, has acquired the business of Powertech Systems Integrators (IST) for an undisclosed amount. The deal, led by the Industrial Technology division of EOH, will enhance the group’s geographical reach and energy portfolio of integrated and smart resilient energy solutions.
Powertech Systems Integrators is a system engineering business which operates predominantly in the energy sector with customers that include large energy users and power utilities in South Africa and Sub-Sahara Africa. The business generates revenues of over R300 million per annum and has an active customer base of over 250 companies across South Africa and the rest of Africa.
“We are delighted to be joining EOH. Both our companies have a strong and growing presence in Africa and EOH’s customer base in the local and international markets will expose us to significant new opportunities. We share a passion for entrepreneurship and technology with EOH, and we can see significant growth potential for our business and our people through this venture,” says Hennie du Plessis, CEO of Powertech Systems Integrators
“We welcome the IST team to the EOH family, and are excited at the prospect of continuing to build on their presence across the continent as part of the EOH growth strategy. The IST smart-grid portfolio is a complementary and great addition to EOH’s offerings that will further grow our digitalisation, analytics and IoT offerings for the energy sector,” says Zunaid Mayet, Group CEO of EOH.