Ainsworth Engineering

Announcements · 2

Nov 9, 2018ACQUISITIONSouth Africa
Ainsworth Engineering and United Valve Company change ownership under BBBEE deal
Valve manufacturer Ainsworth Engineering and distributor United Valve Company were sold to new owner Siyabonga Meyiwa in a deal funded by the Industrial Development Corporation. The sale concluded in September 2018 and the companies were upgraded to Level 1 BBBEE status.
Ainsworth Engineering target United Valve Company target Industrial Development Corporation investor #Pumps and Valves miningweekly.com
Aug 10, 2018INVESTMENTGauteng, South Africa
IDC-funded empowerment deal upgrades Ainsworth Engineering and United Valve Company
Through an IDC-funded initiative, valve makers Ainsworth Engineering and United Valve Company will be upgraded to Level 1 B-BBEE status under new ownership, with new machines to be bought over 12 months.
Ainsworth Engineering United Valve Company Industrial Development Corporation investor #Pumps and Valves engineeringnews.co.za miningweekly.com

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