Former Anglo American head for SA operations buys a stake in world-class engineering firm
12 November 2014
Former Richards Bay Coal Terminal Chairperson and Anglo American Head for South African operations, Kuseni Dlamini has recently signed a deal with Caldas Engineering and Manufacturing Services, a leader in the supply of re-engineered wear parts for fixed and mobile crushers. The deal will see Mr. Dlamini, through his brainchild KDI Holdings own 35% of the 18-year old engineering company based in Edenvale, Johannesburg.
“We are very pleased to have signed the deal with Mr Dlamini and we have no doubt that the experience and expertise he will bring to the table will be invaluable to us as we embark on our journey to take Caldas Engineering to the next level,” said Caldas Engineering Founder and Chief Executive Officer, Rui Caldas.
Caldas Engineering currently provides products and services to the quarrying, construction, demolition and recycling industries and is now looking to penetrate the mining industry as part of its growth strategy. “It is especially Mr. Dlamini’s extensive experience in the mining sector that further fuelled our interest in working with him and bringing him on board as our business partner,” Mr. Caldas said.
Commenting on the deal, Mr. Dlamini said,
“I am pleased to be partnering with this long-established world-class engineering and manufacturing firm, to which I can bring my extensive mining industry knowledge and experience. It is an exciting opportunity to be partnering with an organisation that has been providing superior products and services to businesses in South Africa and across the world for almost two decades.”
In addition to penetrating the South African mining industry, Caldas Engineering also intends spreading its wings to the rest of the African continent.
“Africa and other emerging markets have got so much potential. Its mining industry is booming and it is, naturally, the next growth hub for our company.”
Caldas Engineering already exports some of its products to Angola, Mozambique, Swaziland, Lesotho, Botswana, Namibia, Zimbabwe, Zambia, DR Congo, Uganda, Tanzania, Indian Ocean Islands, Sri Lanka, USA, Canada, European Union and has recently added Cameroon as another destination for its products.
In addition to the company head office in Edenvale, Caldas Engineering also has offices in Durban, Kimberley and will soon be opening another in the Limpopo Province.
Headed up by Rui Caldas, Caldas Engineering boasts an expert team and warehouse facilities as well as a soundly managed distribution network, ensuring the resources to provide the right solutions for its client’s requirements wherever and whenever needed. In addition, the company keeps a wide range of components and wear parts in stock to suit all major brands of crushing equipment used globally, while its managed distribution network ensures that products are supplied to clients on time, anywhere.