Labat is finalising the acquisition of Autogas, a gas conversion business (Switch 2 Autogas System) for automated fleets and generators running on diesel and petrol engines. The acquisition value is approximately R2 million for a 55% stake in the business.
The business was established in 2011 and is focused on the provision of auto gas (an alternative to petrol and diesel) for both heavy duty and light vehicles. Vehicles are fitted with both petrol and Liquified Petroleum Gas (LPG) and Compressed Natural Gas (CNG) cylinders, and the company has various filling stations within Johannesburg and Durban, where drivers can fill up their vehicles.
Autogas recently partnered with Italian company, Landirenzo, the world leader in the field of Automotive LPG and CNG. Through this strategic partnership, Autogas is now able to offer cheaper alternative fuel solutions to South African consumers and fleet owners. In addition, Autogas now offers automotive conversion technology which enables petrol and diesel engines to utilise the more cost-effective LPG and CNG options.
You benefit from our experience in delivering effective solutions to the complex global supply chains of some of the world’s biggest corporations.
You benefit from every innovation, whether it involves a simple extension to our Air and Ocean Freight products, whether it means a development in warehousing.
All of which explains why you’ll find the team of outstanding support at Labat ready to apply their passion for solutions in support of your business.