Feb 2024, Johannesburg - Effective 29 February 2024,
This strategic transition signifies a seamless continuation of the exceptional services and solutions that Mammoet has diligently provided across the Southern African Development Community (SADC) region since its establishment in 1996.
With this transition, Tembo assumes responsibility for delivering the full spectrum of solution-based services previously offered by Mammoet. These encompass a comprehensive array of offerings including engineering services, route surveys, heavy cranes, jacking and sliding, gantry systems, port operations, and renewable energy project solutions. The buyout underscores Tembo's unwavering commitment to fortifying its position in the SADC heavy lift and transport market.
Under the continued stewardship of its seasoned leadership team, including Kevin O'Sullivan, Peter Panczyk, Tembo pledges to uphold the legacy of reliability and customer satisfaction cultivated by Mammoet over decades of dedicated service. It is imperative to note that there will be no change in leadership; the same individuals, possessing unparalleled expertise, will continue to guide the organisation. Emphasising this continuity, it is important to highlight that the entire manpower from Mammoet South Africa, now under Tembo, ensures a seamless transfer of knowledge and expertise. Rooted in the Mammoet tradition, Tembo remains committed to preserving existing policies, procedures, and work methodologies, assuring clients of consistent service and safety standards.
Reflecting on this pivotal transition, Kevin O'Sullivan expressed, "As we embark on this exciting new chapter with Tembo, our dedication to delivering superior solutions to our esteemed clients remains resolute. This management buyout reaffirms our steadfast commitment to serving the SADC market with the utmost professionalism and efficiency, while upholding the same standards of safety, service, dedication, and transparency that clients have relied on for over 25 years. Recognising the evolving demands of our market, particularly within the energy transition landscape, we remain steadfast in our investments to reduce our carbon footprint and continually enhance our equipment. Additionally, we emphasise our firm commitment to socio-economic progress, exemplified by the ongoing operations of the Tembo Training Academy and our steadfast adherence to BBBEE (Broad-Based Black Economic Empowerment) standards. Our status as a wholly locally owned entity in South Africa further underscores our dedication to fostering positive impacts within the communities in which we operate. Moreover, with projects currently underway or in the pipeline in Sub-Saharan Africa, including South Africa, Mozambique, Tanzania, and Angola, we demonstrate our robustness and capabilities to meet the diverse needs of our clients across the region."
Despite the transition, Tembo assures clients of uninterrupted service continuity. Clients can continue to rely on Tembo for all their heavy lifting, transport, and crane rental requirements, with the assurance of seamless support and assistance. Tembo is poised to redefine the crane rental services landscape in the SADC, leveraging the expertise of its industry veterans and unwavering commitment to excellence.
Under a cooperation and alliance agreement, and to provide continuity of service for existing customers, Tembo will collaborate with and leverage Mammoet's expertise and equipment for large-scale complex projects in the region.
Tim Tieleman, Chief Financial Officer at Mammoet, expressed his confidence in this transition, stating, "It was a natural choice for us to transfer ownership of the South African business to its existing Management, given their proven track record over many years with Mammoet. Tembo will bring valuable experience and a strong local presence that will serve the needs of the SADC region with distinction.”
For media inquiries, please contact: Kevin O'Sullivan.
We look forward to a bright future under Tembo's leadership, continuing to build on the solid foundation. Congratulations to everyone involved in this successful transition!