Browsing: Altron

News
Altech delisting still a priority for Altron

Altron remains determined to buy out minority shareholders in subsidiary Altech and delist it from the JSE, despite a previous attempt at a deal being rejected by minority shareholders in Altech. Altron made an offer to minorities in 2007 to buy out

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Industry stalwart David Redshaw dies

David Redshaw, the IT industry stalwart and long-time friend and confidante of Altron founder Bill Venter and his family, has passed away, aged 69. Redshaw, who worked for Altron companies in senior executive roles for 22 years, including as founding

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Xerox signs 10 more years with Bytes

Document management specialist Xerox has signed another 10-year exclusive distribution partnership with Bytes Document Solutions (BDS), a subsidiary of Altron’s Bytes Technology Group

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Altron, Altech warn on outlook

Listed technology companies Altech and Altron, its parent, have warned shareholders that market conditions are not improving as quickly as they had hoped and this could undermine earnings. For its part, Altech, which owns

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Altech no longer Altron’s cushion

Altron has been hit by the lagging performance of its traditionally strongest subsidiary, Altech. The group released its interim results for the six months ended 31 August 2010, reporting a 3% dip in revenue from R12,1bn to R11,7bn. However, the group marginally boosted profit

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