EOH has acquired Mehleketo for an undisclosed sum. Mehleketo provides full turn-key rail automation and technology solutions, coupled with the design, build and management of state-of-the-art operational nerve centres for the rail industry.
Mehleketo has a turnover of over R300-million, technology partnerships with the major international rail automation technology OEMs and about 350 employees. They are the leading rail signaling and communications engineering and systems integration solutions provider in South Africa and have a number of long-term project and maintenance & support contracts with the major operators in the country.
According to David van der Merwe, CEO of Mehleketo: “EOH’s wide range of offerings is a great complimentary fit with our own portfolio enabling us to better serve our clients with a more comprehensive set of integrated technology solutions. It will also enable us to further grow into Africa.”
“With the strength and support of EOH behind us, we are able to focus on growing our market-share and delivering great solutions to our clients and making a positive difference in our society,” says Niren Singh, executive director and founding member of Mehleketo.
“Having the Mehleketo team join EOH enhances our industry vertical strategy, as they bring additional best-of-breed solutions, complemented by highly skilled professionals with deep industry knowledge, which in turn provides us with a platform for healthy growth in this sector in both South Africa and the rest of the African continent,” says Zunaid Mayet, executive director of EOH Industrial Technologies.
“It’s very exciting to have Mehleketo join the EOH family. They will take us to new places and markets which are strategic to EOH’s growth plans,” says EOH group CEO Asher Bohbot. “The culture of Mehleketo fits well with that of EOH – this is fundamental for successfully leveraging our core strengths. Our Industrial Technology division, of which rail technology is part, is a major component of our growth strategy. This division’s services, which are critical for the infrastructure development required in South Africa and the rest of Africa, include services and solutions in energy, water, connectivity and transport/rail,” adds Bohbot.