Welcome To VUSELELA SPARES SUPPLY PTY LTD
VUSELELA SPARES SUPPLY PTY LTD offers services in the Johannesburg area. We pride ourselves in providing quality services.
MISSION STATEMENT
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VISIONA preferred supplier in various industries af a niehe market technology based products. BLACK ECONOMIC EMPOWERMENT PHILOSOPHYAs an Empowered company, our BEE phitosophy includes continuing the implementation of procurement and outsourcing policies and programs that encourage the economic empowerment and advancement of historically disadvantaged individuals |
INTRODUCTION
Grinaker-LTA Vusetela Spares Suppty Iptyl Ltd is a privatety majority black owned South African Ccmpany that offers technotogy based products and services.
Grinaker-LTA Vuselela Spares Supply IPty] Ltd was formed as a Black Economic Empowerment initiative by Grinaker LTA process Engineering in addressing the empowerment legislation which has been recently signed into law by Thabo Mbeki the president of the Republic of South Africa. ln conjunction with the Legislation, different industries have adopted charters that govern compliance to empowerment legislation. Black Economic Empowerment is an imperative in doing business in South Africa. Safrichem Manufacturing and Distribution lPtyl Ltd a whotty Black owned company has acquired fifty one percent of Grinaker-LTA Process Engineering spares division, turning the division into a majority Black owned and managed company.
Grinaker-LTA Process engineering is seventy five percent owned by Aveng, and twenty five percent owned by a Tiso led consortium called consortium. Effectively, Grinaker-LTA Vuseleta Spares Supply has an approximately sixty three percent Black Empowerment equity content.
BACKGROUND
Over the years Grinaker-LTA Process Engineering (G-LTA-PE) has developed a spares support division. This spares division procured and sold licensed spares and equipment to most of the projects constructed by G-LTA-PE and has subsequently grown to support a variety of other clients in different industries in the region. This division is well established and fully supported in terms of administration and engineering know-how from within Gninaker-LTA Process Engineering.
Safrichem Manufacturing and Distribution (Pty) Ltd evolved since its inception in 1997, from being a specialty industrial chemical source and supply company to a small scale engineering spares and equipment supply company. Engineering services supplied ranged from sub contractor to small-scale turnkey projects in the chemical industry. Spares and equipment were sourced through strategic alliances with manufacturers of highly technical products in niche markets.
Safrichem established a market base in predominately government and quasi government owned businesses in Energy, Petro-chem, Chemical, Agri-Business, Water, and related industries. The recent signing of charters in different industries opened more doors in terms of market entry into industries that were previously difficult to penetrate.
G-LTA-PE and Safrichem Manufacturing and Distribution (Pty) Ltd entered into negotiations to explore synergies between the two companies. The spares division was identified as a perfect fit, to create a majority Black owned niche supplier of highly technicaI products. The result of this was the formation of the company called Grinaker-LTA Vuselela Spares
Supply lPtyl Ltd.
This company has taken over all existing spares business that was previously marketed, procured and sold by G-LTA-PE’s spares division as well as that previously executed by Safrichem Manufacturing and Distribution (Pty) Ltd. Support in terms of engineering, commercial and financial will continue to be provided by G-LTA-PE for the foreseeable future and as may be required by both Suppliers and Clients.
If you would like to find out more about, please contact us!