Home News Tanzania TANALEC take Zambian firm

TANALEC take Zambian firm

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ARUSHA, TANZANIA-The Arusha based TANALEC Limited, the Tanzania's manufacturers of transformers and switch gears and a subsidiary of TransCentury Limited ( "TCL"), has acquired a controlling stake in Pende Electrical based in the copper-belt region of Zambia.
The company with operations in Ndola and Kitwe. Pende Electrical, including its wholly owned subsidiary, Transformco Limited, is involved in the provision of turnkey engineering services to mining sector clients, supply, installation and service of electrical equipment including drives, motors and medium voltage switchgear.
Other activities include supply of power, instrumentation and control cables; and manufacture, repair and service of distribution and power transformers.
 A statement issued by Tanelec's business development manager Joseph Kamata said that TransCentury is present  in seven countries, across East, Central and Southern Africa.
These include Kenya, Tanzania, Uganda, Rwanda, South Africa, DRC and now Zambia.
He said the acquisition will also provide TCL with a distribution platform into the mining sectors in Zambia and southern DRC.
"The acquisition of Pende Electrical is exciting for Tanelec and for the Power Infrastructure division of TCL", said  Z. G. Mbugua, Chairman of TransCentury adding that Pende Electrical is a good example of the significant growth opportunities that TransCentury is experiencing in Africa's rapidly expanding mining sector.
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