Daimler Truck Southern Africa obtains 100% shareholding of Sandown Motor Holdings, reaffirming its long-standing commitment to the region!
- Sandown Motor Holdings (Pty) Ltd (SMH) becomes a wholly-owned subsidiary of Daimler Truck Southern Africa Ltd (DTSA)
- The acquisition includes inter-aliaall of its Sandown Commercial Vehicle Centurion business operations with effect from 01 January 2023
- The transaction forms part of the global entity split, and just as importantly, is a strategic play by DTSA in expanding its group of companies structure in which customers are at the core
PRETORIA, SOUTH AFRICA – As a purpose-led organisation, for the past 60 glorious years, founded on offering ground-breaking commercial vehicles and on the back of fulfilling the ever-changing customer business needs. Daimler Truck Southern Africa Ltd (DTSA) makes substantial strides yet again in underlining its steadfast allegiance in Southern Africa, following the purchase of Sandown Motor Holdings (Pty) Ltd (SMH). Effective from 01 January 2023, the acquisition of SMH forms part of the global entity split and is all-encompassing the Sandown Commercial Vehicle Centurion business operations.
This is a move that represents a milestone investment for DTSA in 2022 and comes into play precisely one year after the company officially became a completely independent and wholly-owned subsidiary of Daimler Truck AG (DTAG). The acquisition creates a natural expansion to the DTSA group of companies’ local structure, and with its strong presence and extensive footprint, the company is well-poised to continue to meet the steadily growing market demands of the region.
SMH, with its 40-year heritage in South Africa, has been a leading distributor of progressive passenger and commercial vehicles across the region. Through its flagship commercial vehicles dealership, Sandown Commercial Vehicles Centurion, the company offers full mobility solutions on Mercedes-Benz Trucks, Vans, and Buses, as well as FUSO Trucks. Trusted by fleet owners nationwide, the dealership provides world-class workmanship and the full spectrum of After-Sales and Parts support through its impressive facility and dedicated staff. As one of South Africa’s leading commercial vehicle retailers, Sandown’s customer-focused and innovative sales and service offerings, continue to drive the company forward, as they enthusiastically enter 2023 as the Own Retail division of DTSA.
Commenting on the acquisition of SMH, Michael Dietz, President & CEO Daimler Truck Southern Africa: “We are tremendously pleased to welcome SMH and its team of experts on board. This is a massive turning point in deepening our local operations, where we see opportunities for growth to better serve our customers. I strongly believe that forging meaningful partnerships such as this sends a strong message about the attractiveness of this region. SMH has built a consistently proven record of success and will continue being a shining beacon of excellence in providing the best-in-class mobility solutions and customer service”.
DTSA, as one of the leading commercial vehicles manufacturers, has been cultivating a solid reputation through successfully serving major markets in Southern Africa namely; South Africa, Namibia, Lesotho, Botswana, Eswatini, Malawi, Mozambique, Zimbabwe, and Zambia.
The company has a comprehensive local business set-up which includes Sales and Marketing, Customer Service & Parts (CSP), Own Retail, Manufacturing Plant, and Value-added services which include; TruckStore, FleetBoard, Mercedes-Benz Uptime, Service24h, TruckParts, and FUSO Value Parts (FVP).
Additionally, to its robust structure, DTSA also has a dedicated captive financial and mobility service entity - Daimler Truck Financial Services South Africa (DTFS), which plays a fundamental role in driving sales with tailor-made financing, leasing, and mobility solutions.
Lastly, DTSA operates one of Southern Africa’s largest dealership networks with a total of 40 authorised outlets, representing all its leading brands; Mercedes-Benz Trucks, Mercedes-Benz Buses, and FUSO Trucks. This also includes supporting parts and services for Freightliner and Western Star Trucks.
DTSA wishes the SMH team unending success as they hop on this purpose-driven journey for all who keep Africa moving.
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