Group profile

   
 

Reunert is a leading South African company, listed on the JSE in the industrial goods and services (electronic and electrical equipment) sector. Reunert manages a number of businesses focused on electrical engineering, office systems and services and defence electronics. The group regularly ranks among the country’s top companies.

Established in 1888 by pioneers Theodore Reunert and Otto Lenz, the group has played a major role in the South African economy for more than a century. Reunert & Lenz was first listed in 1948 in the engineering sector of the JSE. In 1980 the company was acquired by Barlows and listed in the electronics sector three years later. Reunert was unbundled from Barlows in 1993 and completed a major restructuring in the late 1990s when various non-core or unprofitable businesses were sold or closed.

Reunert strives to achieve first or second position in its key markets through its brands CBI-electric, Nashua and Reutech. The group’s telecommunication interest is through a 40% stake in NSN and recently has acquired 100% of SEC.

Reunert promotes a decentralised management style. While operating decisions are made by the business units, the Reunert executive team defines and monitors long-term strategic plans and investment decisions. Significant capital allocation is approved by the Reunert board.

Reunert’s revenue in 2009 from local and international markets exceeded R10,3 billion. The group has over 6 000 employees, including many highly qualified and experienced engineers, technicians, research and development professionals and field support staff.