JMR Trailer Parts Group, which is part of the BPW Group, and Transport Components, have joined forces in the Cape. Transport Components operate branches in Port Elizabeth and George and will now form part of the JMR Group through a deal which will see the JMR Group acquire a majority share in Cape Truck & Trailer (Pty) Ltd which is trading as Transport Components.
This transaction forms part of BPW’s global strategy to expand its presence in the aftermarket and more specifically in South Africa, using the JMR Group as its vehicle. BPW distributes its spare parts in Southern Africa through a wide network of independent distributors, within which JMR and Transport Components perform a major role. Both Transport Components and JMR are reputable spare parts distributors with years of experience and knowledge in the Industry. Transport Components operates 2 branches across the Eastern & Western Cape and JMR 8 branches across Gauteng, Kwa-Zulu Natal, Limpopo and Mpumalanga. The new venture will increase the footprint of the JMR Group to 10 branches nationally.
There is a both a strong business and cultural fit between the organisations, with service excellence and expertise being at the forefront of their operations. The partnership will allow for greater supply chain synergies and efficiencies between the companies to better service the aftermarket. The expected benefits of the transaction will include greater stock holding and an increased product range in the Eastern & Western Cape. Furthermore, the deployment of new systems over time will allow for an improved customer experience.
BPW has no intentions of solely distributing through the JMR Group and it is important to BPW that its other existing distributors are protected and have a fair opportunity to compete. Similarly, the JMR Group will not exclusively promote and distribute products. All suppliers’ products will be approached with the same support intensity as before, in line with the JMR strategy to place its customers’ requirements first. The JMR Group prides itself on service excellence and expertise and these will remain its primary goals moving forward.
Contact:
Andre Cilliers
Managing Director: BPW Axles (Pty) Ltd
www.bpw.co.za
Leon Mostert
Managing Partner: JMR Trailer Parts
www.jmrgroup.co.za
Ulli von Wildemann
Managing Partner: Transport Components
ulli@transportcomponents.co.za
JMR/BPW join forces with Transport Components in the Cape FAQ’S
Unfortunately, it is impossible to personally share this information with all stakeholders and it was thus decided to compile a list of frequently asked questions to clarify and eradicate any misconceptions in the market.
Will Transport Components change its name?
Yes, the company will adopt the JMR branding over time and form part of the BPW aftermarket group of companies. The registered name will change to ‘JMR Transport Components (Pty) Ltd.’ pending CIPC approval.
Will Transport Components move premises?
Both Port Elizabeth and George will continue operating from their current premise for now.
Will the staff structure be retained, following the transaction?
There will be no change in staff or structure. The company will operate with the same focus on customer service.
Will BPW’s pricing structures to its distributors be affected?
BPW will continue to supply and treat all its existing business partners in the spare parts market as before at the standard market conditions, whether or not they are members of the BPW Group.
What are the benefits of the transactions?
With the support of the BPW & JMR Group, the expected benefits of the transaction will include greater stock holding and an increased product range in the Cape. The JMR Group will increase its buying power and national footprint with access to the Western & Eastern Cape and BPW will have even better access to its customers’ needs, through which it can expand its solutions for transport companies in a customer-orientated manner.
For more information on BPW strategy to expand its presence in the aftermarket please also see the press release ‘BPW acquires a majority stake in JMR’ available at:
http://www.jmrgroup.co.za/blog/post/bpw-acquires-majority-stake
Or
Visit the respective websites of BPW and JMR: