Metair Group of Companies
Metair Investments Limited incorporates a portfolio of companies that manufacture and distribute products predominantly for the automotive industry. Automotive components are supplied primarily to South African assemblers of new vehicles (OEMs), as well as to the replacement market,with an increasing proportion of the output being exported.
Manufactured products include heating and cooling systems, springs, shock absorbers, lead acid batteries, lighting and signaling devices, plastic mouldings and wiring harnesses.
ROYAL BAFOKENG HOLDINGS
Metair Investments Limited falls under the industrial wing of Royal Bafokeng Holdings (Pty) Limited (RBH) which is responsible for the management and development of the commercial assets of the Royal Bafokeng Nation (RBN). The overall business objective is to maximise returns to enable the RBN to deliver sustainable benefits to the community and to strive to continually improve the economic wellbeing and quality of life of all stakeholders.
SMITHS MANUFACTURING
Smiths Manufacturing (Pty) Ltd is a leading manufacturer and assembler of automotive air-conditioning and engine cooling components based in Durban.These include radiators and heat exchangers, multiflow and serpentine condensers, integrated HVAC and heater systems, blower motors, engine cooling modules, cooling fan assemblies, refrigerant pipes and hoses.
Metair Investments Limited, a JSE listed company, whose speciality is the manufacture of automotive components, is the major shareholding company of Smiths Manufacturing, accompanied by the Denso Corporation, a global automotive components manufacturer who retain a 25% shareholding in Smiths Manufacturing. With its direct exports to both America and Europe, including the UK, as well as indirect exports of components on vehicles being exported fromSouthAfrica, approximately half of Smiths' components leave South Africa's shores.