20 September 2019

S Africa Super Group buys into Great Wall Motors SA, paper says

South African logistics company Super Group has bought a majority stake in Chinese-backed Great Wall Motors SA, the Global Times reported Tuesday. Super Group Chief Executive Peter Mountford did not give a value for the 50.1 percent acquisition, the report said. Great Wall has a network of 75 dealers in South Africa and more than 50,000 vehicles on the road in the country.

– Contact HKEJ [email protected]