The Actum Group has acquired Banding and Identification Solutions Africa (BISA), the leading distributor of Band-It clamping and fastening products in South Africa. The transaction, which was finalised in November last year, serves to expand and strengthen Actum’s industrial brand portfolio, according to Greg Barron, Actum Group director.
Actum Group directors and the BISA team outside BISA’s new home at Actum’s headquarters in Linbro Park.
“This partnership was a significant stride forward in the group’s expansion strategy. This was a very strategic acquisition, as we were already distributing the Band-It product in the coastal areas. It has given us the opportunity to offer this product to many other customers in the Actum stable and to build on our existing product line,” explains Barron.
BISA has been a leading distributor of stainless-steel strapping and identification solutions since 1993, and enjoys a strong reputation in the local industrial market. As a niche product driven by quality, Barron believes Band-It is a logical and highly beneficial addition to the Actum Group.
Band-It senior business executive, Rosa Remendos, is equally optimistic about this new chapter in the BISA business: “It’s all about growth and opportunity. Actum has an excellent reputation in the industry and it’s exciting for us to be associated with a company like this. We make a good team.”
Read more...Semiconductor sales increase 17% YoY
News
The Semiconductor Industry Association (SIA) recently announced global semiconductor sales were $54,9 billion during the month of February 2025, an increase of 17,1% compared to the February 2024 total.
Read more...Silicon Labs – Q1 results
News
Silicon Labs, a leading innovator in low-power wireless, recently reported financial results for the first quarter, which ended April 5, 2025.
Read more...Strengthening industry through strategic partnerships at KITE 2025 Specialised Exhibitions
News
The KwaZulu-Natal Industrial Technology Exhibition is not just an exhibition, it is a powerhouse of industry collaboration where visitors and exhibitors gain access to authoritative insights, technical expertise, and high-impact networking opportunities.
Read more...Solar Youth Project calls on industry to step up
News
With the second cohort completed training and the first cohort returning for their final module, host companies are urgently needed to turn the training into a long-term opportunity.
Read more...Zuchongzhi-3 sets new benchmark
News
This latest superconducting quantum computing prototype features 105 qubits and 182 couplers to operate at a speed 10¹5 times faster than the most powerful supercomputer currently available.
Read more...Automatic device attestation certificate for Panasonic
News
DigiCert recently announced it has partnered with Panasonic Industry Europe to integrate DigiCert Device Trust Manager with Panasonic’s PAN-MaX intelligent manufacturing service for seamless Matter certification of interoperable smart home devices.
Read more...From the editor's desk: Are we really being ripped off? Technews Publishing
News
To the surprise of many customers, installing solar panels does not always eliminate their utility bill – and in some cases, the power utility may impose additional charges on solar-powered homes.