Xerox’s largest authorised distributor in the world, South Africa-headquartered Altron Group recently celebrated its 50th anniversary of being in business.
Company CEO, Craig Venter, has congratulated the company on the milestone of achieving 50 years in business, having first opened its doors in April 1965.
“Successfully staying in business for more than a few years is an achievement in any market, but being in business for 50 years is extraordinary and a reflection of how the Altron Group and its businesses have not only weathered competitive, economic and political storms, but have flourished through a strategic focus on growth and development opportunities,” Venter said.
“According to the United States Bureau of Statistics, the general corporate lifespan is relatively short. Only 50% of businesses survive five years and under 20% survive after 20 years. This highlights the magnitude of the achievement, particularly in light of Altron’s humble beginnings,” he added.
Regarded as one of the most successful family-owned businesses in South African history, Altron opened for business in 1965 when Dr Bill Venter, a then 33-year-old telecoms engineer, and several colleagues, founded United Electric, which was renamed Allied Electric later in the same year. Allied Electric started business as a small national manufacturer of electronic components which were then distributed on behalf of leading French, US and UK principals and manufacturers.
Several Altron TMT partners joined Venter in paying tribute to Altron on achieving 50 years in business. These include Barclays Africa, Xerox, Nedbank, Motorola and Vodacom.
Maria Ramos, chief executive, Barclays Africa, congratulated Altron on its 50-year anniversary and praised the company on reaching this milestone.
“We have been associated with Altron over the years through multiple subsidiaries in both the Altech and Bytes businesses. Altron is one of the leading converged services businesses in Africa and this is a significant milestone. We congratulate Altron on reaching their 50th anniversary,” Ramos said.
Dr Sophie Vandebroek, Xerox chief technology officer and president, Xerox Innovation Group, said the relationship with Altron, through its subsidiary Bytes Technology Group, was an important one for the company.
“Xerox has been strongly associated with Altron since the acquisition by FinTech of Rank Xerox South Africa in 1987. As Xerox’s largest authorised distributor in the world, Bytes and Altron are both valuable partners of our organisation and we look forward to continually expanding our long and fruitful relationship,” Vandebroek said.
Vodacom, a partner primarily through the Altech Autopage business, congratulated Altron on its 50th year. The relationship with Vodacom dates back more than 20 years to 1994, when Vodacom began operations in South Africa.
Shameel Joosub, CEO, Vodacom, commended Altron on the achievement. “Altron has been a partner of Vodacom since we opened our doors in 1994. Subsequently, our relationship has extended to include collaboration in a variety of businesses and we wish the Altron Group continued success,” Joosub said.