Group profile


Reunert Limited 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, information and communication technologies and defence and allied electronics. The group regularly ranks among the country’s top companies.

Reunert strives to achieve first or second position in its key markets through its brands CBI-electric, Nashua and Reutech.

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 Barlow Rand and listed in the electronics sector three years later. Reunert was unbundled from Barlow Rand (today Barloworld) in 1993 and completed a major restructuring in the late 1990s when various non-core or unprofitable businesses were sold or closed.

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

At a glance

  • Established in 1888
  • Listed on the JSE on 1 January 1948
  • Corporate headquarters in Woodmead, Sandton, South Africa
  • International operations in Australia, Germany, Lesotho, USA and Zimbabwe

Chairman: Trevor Munday
Group chief executive: Nick Wentzel
Group financial director: David Rawlinson
Four reporting and three operating segments:

  • Electrical engineering (CBI-electric)
  • Information and communication technologies (Nashua)
  • Defence and allied (Reutech)
  • Administration and properties (Other)

Investment: 40% interest in NSN with a put option to sell the group’s share on 31 December 2010
Effective broad-based black economic empowerment shareholding is 23%
Peotona is Reunert’s principal BEE partner

  • Revenue R10,7 billion (4% up)
  • Operating profit before interest, dividends and abnormal items R1,2 billion (7% up)
  • Total cash dividend of 287 cents per share (2009: 253 cents)
  • 6 422 employees (2009: 6 321)