In order to grow its product and customer portfolio in the local distribution market, NuVision Electronics has sold a minority shareholding to Electrocomp.
Although the owners of NuVision – Gary De Klerk and Rob McMaster – as well as all existing staff – James Schlebusch and Calim Dowlut – will remain with the company, its physical address has changed to the corner of Galaxy Avenue and Electron Street, Linbro Business Park, Sandton, and the telephone and fax numbers are now +27 (0)11 608 0144 and +27 (0)11 608 4723, respectively.
NuVision’s management has assured customers that the daily management and customer operations of the company will remain unchanged, and that the partnership will provide a number of benefits, such as a dedicated administration and logistics structure, as well as access to a mature and stable financial partner for planned expansion. The company will also now have a wider geographical presence through Electrocomps national structure, and will gain access to highly experienced distribution management personnel.
For its part, Electrocomp will gain access to a highly experienced, niche distributor focused on market specific segments and a company with high growth opportunities, as well as dedicated and experienced personnel, a diversified product portfolio and well defined market and product segments.
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