MB Plant SA

MB Plant SA is a wholly owned subsidiary of MB Afroasia SA (Pty) Ltd. MB Afroasia SA (Pty) Ltd. is a joint venture based in South Africa with a majority share held by MB Holding Company LLC based in Oman. The balance of the shareholding is held by a significant local black empowerment partner and senior management. The Group commenced operations in... South Africa at the beginning of 2013 with the establishment of MB Plant SA as the exclusive dealer for the New Holland range of construction equipment. The dealership licence for Dynapac compaction machinery was added to the product range in 2016. In early 2015 it acquired Truck City (Cape Town), the authorised dealer for Iveco Trucks in the Western Cape. It has now invested further in its South African operations with the recent acquisition of a second Iveco truck dealership based in Johannesburg and trading as Truck City (Johannesburg). A number of properties have also been purchased by MB Properties to cater for the housing needs of the Group. It is MB Afroasia SA's strategy as a group of companies to grow into a diverse capital equipment distribution business driven through a common support structure and trading model. It is committed to consolidating its operational base in South Africa but has an avowed ambition to also extend its business interests into the surrounding states.Read More