The Zest Group has acquired a majority shareholding in Africa Power Team, with the original founders of the company, Coenraad Vrey and Sean Allen, retaining the balance of the shareholding. The company will trade as Zest Energy under the management of Vrey.
The company is searching for new methods to combat rising energy demand, and Africa Power Team offers a better opportunity to accomplish this goal. “Being in the business of continuous power generation is very specialized. Africa Power Team offers customer specific packaged power solutions suitable for the harsh operating conditions so often found in Africa. This is important since traditionally South Africa, and indeed a lot of southern Africa, has not had continuous power options as power was provided solely through Eskom,” Coenraad Vrey, managing director of Zest Energy, said.
Louis Meiring, managing director of Zest, said there is an exceptionally large market for reliable continuous power generation and supply. “There is a major demand throughout Africa, especially within the mining sector. We can offer equipment that is designed and manufactured to offer high levels of reliability.”
The company will attempt to incorporate relevant company systems needed to ensure demands are met, participating in cogeneration and hydropower projects through the supply of hydrogenerators and turbogenerators.
“Our mission is to expand the concept of value to include all elements of the total product or service experience, in other words, quick response, superior on and off-site service, dependability and reliability. We categorize the elements of customer value as operational excellence, customer flexibility and technical leadership,” Vrey concludes.