This landmark shareholding agreement strengthens Veolia Water Technologies South Africa’s compliance with new Broad-Based Black Economic Empowerment regulations as a high level contributor, and demonstrates its continued commitment to local empowerment and transformation.
“We were looking for a local development partner with strong project experience in the water treatment markets,” explains Gunter Rencken, MD, Veolia Water Technologies South Africa.
“In Ceracure, with whom we’ve had a less formalised working partnership for about four years, we have a hands-on, active BBBEE partner with a thorough understanding of our core business and the water treatment market.”
This close alignment in corporate vision lays the basis for a synergistic approach to increased business development in both South Africa and Africa.
“With this partnership in place, we can confidently amplify business development avenues and enhance our project reach in the municipal and industrial markets,” Rencken continues.
“In addition to demonstrating Veolia Water Technologies South Africa’s seriousness to transformation and social development, it also means we’ll be able to supply water treatment solutions encompassing a broader scope of works,” explains Langa Nxumalo, MD, Ceracure.
“Together, we can advance our technical and business capabilities, offering a superior and integrated solution for water treatment projects. This ‘one plus one is equal to three’ strategy will allow better project execution in line with client requirements.”
The partnership will also see Veolia Water Technologies South Africa taking an active approach to expanding Ceracure’s business capabilities.
“We are assisting Ceracure with achieving a higher CIDB grading, and have planned for a structured transfer of technology and skills of our water treatment expertise to Ceracure,” Rencken explains.
The company’s shareholding arrangement with Ceracure represents an important pillar of the company’s new vision that is enhancing the water solutions specialist’s delivery of highly efficient, low-footprint water treatment technologies in South Africa and Africa.
Alongside the BBBEE deal are a range of recent organisational and technological innovations that have streamlined the company’s manufacturing, distribution and service networks across the region.
Veolia Water Technologies South Africa is now positioned as a key technology and manufacturing hub for Veolia’s new range of standard engineered products and systems as well the company’s range of Hydrex speciality chemicals.
“We are excited to welcome Ceracure on board, and look forward to a fruitful synergy with them as we continue to tackle Africa’s water treatment challenges,” Rencken concludes.
Feature image credit: Veolia Water Technologies South Africa