Medu I
Medu I is fully invested in a number of companies.
Zest Electric Motors
Date of investment: June 2004
| Shareholding | |
|---|---|
| Medu I | 26% |
| Management | 74% |
| Date of investment realisation | February 2010 |
Business description
- A Johannesburg-based business that commenced operations in 1980
- The exclusive distributor of WEG electric motors and drives
- Has a dominant market share in the industrial low voltage electric motor market
- Enjoys a very successful and profitable business relationship with WEG that was established over the last 24 years
- Medu exited the investment in February 2010
