AFRICA
is Putco ’ s partnership with the global chassis manufacturer Iveco ; they share stakes of 40 and 60 percent in an extensive automotive facility respectively . Pisapia noted : “ Although set up barely 18 months ago , our facility can produce up to 5,000 trucks and 1,000 buses annually ; this makes us by far the biggest producer of buses and trucks in South Africa .” He also highlighted that Putco would be consolidating its stake in the facility with a hefty follow up investment of over 1 billion Rand ; the factory alone provides jobs for upwards of 1,000 people . The larger picture has obviously attracted increased focus and capital : Pisapia tentatively noted that the group was considering expanding its capacity even further by offering freight tankers in the next few years .
Larimar is making sure its expansion and consolidation efforts are properly supported with the correct software infrastructure . Aside
“ Although set up barely 18 months ago , our facility can produce up to 5,000 trucks and 1,000 buses annually ; this makes us by far the biggest producer of buses and trucks in South Africa .”
– Franco Pisapia , Group Managing Director
www . larimar . co . za 37