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Congratulations to Labat and Reinhardt Transport Group on Their Merger

by / Tuesday, 20 October 2015 / Published in News

Arbor Capital

Arbor Capital congratulates Labat Africa, an investment holding company listed on the JSE and Reinhardt Transport Group, a bulk logistics carrier, on their merger. When Derick Reinhardt, the controlling shareholder of RTG was looking to  transform the business to prepare it for growth to the next level, he scoured the market in search of a partner whom can add value to and share the growth and expansion strategy RTG has in mind; when an entrepreneur thinks about transformation a maze of opportunities are available, with the key ingredient being value add.

Value he found in Brian van Rooyen, the CEO of Labat, whom have had a great vision to steer Labat towards expanding into road and rail logistics. The Value-Add was created immediately with RTG now being rated as a level 2 BBB-EE company and now fully compliant to the laws of our country. The combined group will over the next few months, attend to its procurement procedures, skills development as well as many other facets to further enhance its compliance with BBB-EE legislation.

Various other opportunities are available to the combined group to further add value to its stakeholders and these opportunities will be explored once the current transaction has been embedded completely.

Labat & Reinhardt Transport Group, We salute you!!!

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