Altron disposes of Crabtree to Siemens AG
JSE listed Allied Electronics Corporation Limited (Altron) this week announced that its wholly owned subsidiary, Power Technologies Proprietary Limited (Powertech), has entered into an agreement whereby it will dispose of Crabtree Electrical Accessories (Crabtree) to Siemens AG.
Crabtree produces and distributes low-voltage components for the South African construction market, including light switches, power outlets, cable routing systems, and adapters. 
The disposal of Crabtree is part of the implementation of Altron’s business strategy to focus on its information technology and telecommunications business and exit its manufacturing operations. The transaction is subject to the grant of approvals by the relevant competition authorities. 
Contact: Crabtree
You might also like...
-
Milan Design Week 2025: Best Of The Best in Design
Design enthusiasts, industry professionals, and lovers of artistic expression will not want to miss Milan Design Week 2025, the world’s most influential design event. Milan ...
-
Top Drawer
Unveiling the biggest decor and design trends of 2025 and offering expert insights and fresh perspectives into the world of retail, Top Drawer S/S25 is ...
-
Embrace the Art of PLAY at the 12th Investec Cape Town Art Fair
The 12th edition of the Investec Cape Town Art Fair, taking place from 21 – 23 February at the Cape Town International Convention Centre, offers ...
-
Invisible Thread: RMB Latitudes Art Fair’s INDEX Project Showcases Independent Artists
RMB Latitudes Art Fair proudly presents the return of INDEX, an annual special project spotlighting the vibrant work of independent artists. Titled Invisible Thread, this ...
Visit SA Decor & Design on social media
