In September 2022, Holden signed a sale of shares agreement with Holden Auto for 100% of their shares in Holden Auto Africa (Pty) Ltd. The Competition Commission of South Africa approved the transaction and the shares were transferred in March 2023. This acquisition was made on a long-term investment basis with sustainability and client value as core to the transaction. Holden brings various supply chain skills that complement and enhance our current business.
We know that our future success is dependent on your support and we want you as part of our journey. We look forward to your support as we move forward, push boundaries and forge new beginnings together.
‘Together we are better!’
Regards
Wellington Chimwendo
Managing Director
Holden Auto (Pty) Ltd