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Voluntary Announcement
EOH HOLDINGS LIMITED
Incorporated in the Republic of South Africa
(Registration number 1998/014669/06)
Share code: EOH ISIN: ZAE000071072
(“EOH”)
Voluntary Announcement
The board of directors of EOH is pleased to inform shareholders that EOH has acquired Mehleketo
Resourcing Proprietary Limited (“Mehleketo”).
EOH announced today that it has acquired Mehleketo for an undisclosed sum. Mehleketo provides full
turn-key rail automation and technology solutions, coupled with the design, build and management of
state-of-the-art operational nerve centres for the rail industry.
Mehleketo has a turnover of over R300 million, technology partnerships with the major international rail
automation technology OEMs and about 350 employees. They are the leading rail signaling and
communications engineering and systems integration solutions provider in South Africa and have a
number of long-term project and maintenance & support contracts with the major operators in the country.
According to David van der Merwe, Chief Executive Officer of Mehleketo, “EOH’s wide range of offerings
is a great complementary fit with our own portfolio enabling us to better serve our clients with a more
comprehensive set of integrated technology solutions. It will also enable us to further grow into Africa.”
“With the strength and support of EOH behind us, we are able to focus on growing our market-share and
delivering great solutions to our clients and making a positive difference in our society”, says Niren Singh,
Executive Director and founding member at Mehleketo.
“Having the Mehleketo team join EOH enhances our industry vertical strategy, as they bring additional
best-of-breed solutions, complemented by highly skilled professionals with deep industry knowledge,
which in turn provides us with a platform for healthy growth in this sector in both South Africa and on the
rest of the African continent”, says Zunaid Mayet, Executive Director – EOH Industrial Technologies.
“It’s very exciting to have Mehleketo join the EOH family. They will take us to new places and markets
which are strategic to EOH’s growth plans”, says EOH Group Chief Executive Officer, Asher Bohbot. “The
culture of Mehleketo fits well with that of EOH - this is fundamental for successfully leveraging our core
strengths. Our Industrial Technology division, of which rail technology is part, is a major component of
our growth strategy. This division’s services, which are critical for the infrastructure development required
in South Africa and on the rest of Africa, include services and solutions in energy, water, connectivity and
transport / rail”, adds Bohbot.
Due to its relative size, the acquisition falls below the threshold of a categorised transaction in terms of
the Listings Requirements of the JSE Limited and its announcement is therefore voluntary.
About EOH
EOH is one of the largest technology and knowledge services providers in South Africa and provides the
technology, knowledge, skills and organisational ability critical to Africa’s development and growth. EOH’s
9 000 staff members deliver end-to-end enterprise applications solutions, a wide range of Outsourcing,
Cloud, Managed Services and Business service offerings to customers across all major industries.
EOH has been listed on the JSE Limited (“JSE”) since 1998, for more information visit: www.eoh.co.za
Johannesburg
19 October 2015
Sponsor
Merchantec Capital
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