Multotec, an industry leader in metallurgy and process engineering, is commemorating its 50th anniversary and is marking this milestone by reaffirming its position as a proudly South African company that can compete with top global competitors. The company was established in 1973, starting with an imported screening product from Germany intended for the sand and gravel industry. However, it soon realised the necessity to evolve and to design a product that was more suitable for the local mining sector, which could be manufactured locally.
“There were definite imperatives that gave rise to our local manufacturing capabilities, so we rented a property and started manufacturing screening solutions. At that stage, the company had some South African shareholders and a German investor,” says Thomas Holtz, Multotec Group CEO.
From there, Multotec grew from strength to strength, eventually becoming the dominant player in the screening media space in Africa. The company then took the strategic decision to diversify its product offerings within the mineral processing market, adding cyclones, mill liners, and ceramic wear lining products to its portfolio. Subsequently, the organisation also expanded its international footprint, taking a core range of products into the global market.
Multotec started 50 years ago with an imported German screen panel and then expanded its product portfolio to enhance its mineral processing capabilities
“Africa is open for business. We make high-quality products and compete on a global scale; and Multotec is proof that there is no reason why any manufacturer in South Africa cannot make world leading products and be competitive,” says Holtz.
Multinational success story
Today, Multotec is a R3 billion turnover company with close to 2 000 employees. The company’s mineral processing equipment is used to optimise recoveries and reduce cost of ownership in mineral processing plants in more than 100 countries on six continents. In 2022, Multotec exported approximately 60% of the products they made in South Africa.
Holtz says the company’s international expansion signalled a change in its journey. The further the company expanded beyond South Africa, the more it had to contend with new commercial issues, adapt its products to new markets, and compete with a host of other multinational players.
“A definite highlight in Multotec’s history was our expansion into and success in Australia. Many South African companies go to Australia only to come back with their tail between their legs. But we’ve managed to set up a business there that is growing and vibrant,” he says.
He ascribes much of Multotec’s success to the fact that the company follows its products and sets up manufacturing facilities in the territories where it operates, which enables it to offer good aftersales service to customers. However, the company also becomes involved in the communities where it operates, a lesson learnt from operating in South Africa.
