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Super Group revs Cape market

Mobility conglomerate Super Group has gone into overdrive in the Western Cape in a bid to secure a slice of the lucrative vehicle dealership market. Last month Super Group – which holds assets of around R23bn – acquired Sandown Motor Holdings’ Western Cape dealership business from automotive manufacturing giant Mercedes Benz for around R500m.

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All fired up

THE new owners of engine casting powerhouse Atlantis Foundries (AF) endured a warm reception last month after receiving the keys to the Atlantis-based production plant. Instead of taking over a humming production facility on July 1, Neue Halberg-Guss (NHG) found the AF plant incapacitated and badly damaged after a freak fire a few days earlier.

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