The Actum Group has successfully expanded and strengthened its industrial brand portfolio by acquiring Banding and Identification Solutions (BISA), the leading distributor of BAND-IT clamping and fastening products in South Africa. The transaction was finalised in November last year.
BISA has been the leading distributor of stainless-steel strapping and identification solutions since 1993. It is a well-established business with an excellent name and strong reputation in the local industrial market. As a niche product driven by quality, BAND-IT is a logical and highly beneficial addition to the Actum Group. “Quality is a given across our entire product range, as all of our principals are global leaders in their respective markets,” notes Actum Group director, Kevin Klaff.
According to Greg Barron, Actum Group co-director, this partnership was a significant stride forward in the group’s expansion strategy: “This was a very strategic acquisition, as we were already distributing the BAND-IT product in the coastal areas. It has given us the opportunity to offer this product to many other customers in the Actum stable and to build on our existing product line. We are now also in control of the whole channel, from procuring the product overseas, to manufacturing it locally and distributing it. We look forward to synergising our businesses to achieve even greater growth,” explains Barron.
BAND-IT Senior Business Executive, Rosa Remendos, is equally optimistic about this new chapter in the BISA business: “It’s all about growth and opportunity. Actum has an excellent reputation in the industry and it’s exciting for us to be associated with a company like this. We’re getting to know the different industries that Actum works with already, such as mining, railways and military, and we are able to offer new and existing customers a wider range of products. We make a good team.”
Rosa Remendos joined BISA 14 years ago as Head of Sales and Customers; she has been instrumental in the success the business has seen over the years. Rosa will continue to manage the business under the Actum Group. There will be no changes to the business in terms of structure, trading or bank accounts. Existing supplier and customer relationships will continue as before.
About the Actum Group
The Actum Group is best known for its acquisition of Actum Electronics in 2004, Peter Jones Electronic Equipment in 2012, and Dowson and Dobson in 2015. Today the group comprises two main divisions: Actum Electronics, focusing on electronic components and interconnect technology, and Actum Industrial, specialising in industrial products, pneumatics, instrumentation and control and professional tooling. Flagship brands under these divisions include Keyence, Orbitalum, ERNI and Ridgid, to name a few. The Actum Group represents over 110 years of service excellence in its key sectors.
Looking to the future, the Actum Group will continue to differentiate itself in the marketplace through its niche and integrated product offering, underpinned by streamlined processes, a dedicated technical sales team and excellent customer service.
For enquiries or sales assistance, contact Actum Group on email@example.com or call 011 608 3001.