Medu II

Medu II is fully invested in a number of companies

Elite Truck Hire

Date of investment: December 2007

Shareholding
Medu II 27%
Medu III 68%
Management 5%
Medu Capital Board Representatives Ernest January
  Paul Moeketsi

Business description

Elite Group operates in the transport and vehicle rental sectors with the following main businesses:

  • Elite Truck Hire is South Africa’s leading truck hire company, providing short and long term truck hire including full maintenance leasing services
  • Elite Line Haul provides a heavy, long distance transport service linking centres throughout South Africa as well as destinations in Zimbabwe, Zambia, and Mozambique.
  • Elite Forklift Rental offers a comprehensive range of forklift trucks on full maintenance leasing and short term rental.