Vision
Reunert will manage businesses in
the electronics and electrical engineering
sectors, supplying value-added products,
systems and solutions to local and international
growth markets. Each of these businesses
will remain capable of meeting the group’s
objectives for sustainable growth and earnings.
Who
we are Reunert Limited is one
of the leading companies in South Africa
and is listed on the JSE Limited (JSE) in
the Industrial Goods & Services (electronic
and electrical equipment) sector and is
included in the ALSI 40 index.
The company was established in 1888 by pioneers
Theodore Reunert and Otto Lenz. For more
than a century, the group has played a major
role in the South African economy and its
products are leaders in the various markets
it serves. Reunert & Lenz was first
listed in the engineering sector of the
JSE in 1948. In 1980 the company was acquired
by Barlow Rand and listed in the electronics
sector three years later. Reunert was unbundled
from Barlows in 1993.
Reunert underwent a major restructuring
in the late 1990s when various non-core
or unprofitable businesses were disposed
of or closed.
Today, the companies comprising the Reunert
group are focused on electronics and electrical
engineering. Reunert owns and manages CBi-electric,
Nashua , Nashua Mobile and RC&C Holdings,
the exclusive distributor of Panasonic products
in southern Africa . Reutech represents
the defence electronics businesses in the
group.
Reunert’s telecommunication interest
is vested in a 40% stake in Siemens Telecommunications.
A planned joint venture with listed PSG
Group will give Reunert a 49,9% share in
Quince Capital, a financial services company
complementary to its core business.
Reunert promotes a decentralised management
style, with operating decisions made by
the business units. The Reunert executive
team streamlines long-term strategic plans
and investment decisions, whilst approvals
for capital expenditure are made by the
Reunert board.
Reunert’s revenue in 2006 from local
and international markets exceeded R8 billion.
The group has more than 6 000 employees,
many of whom are highly qualified and experienced
engineers, technicians, research and development
experts and field support staff.
