Fin24

Torre Industrial lists on AltX

2012-11-28 08:21

Johannesburg - Torre Industrial Holdings [JSE:TOR] said on Wednesday its shares had been successfully listed on the JSE’s AltX‚ replacing the current listing of SA French Ltd.

Torre is a newly incorporated public company which has two wholly-owned subsidiaries - namely SA French‚ a sales and rental business focused on lifting solutions. Torre also owns 100% of Forktech‚ a Cape Town-based company engaged in forklift rentals‚ sales and repairs.

Torre said its strategy was to add scale and diversity to its portfolio in the near term and it was currently assessing opportunities that will allow it to expand its portfolio in the capital equipment‚ engineering consumables and industrial financing sectors.