Shanduka In The News
Shanduka-Aggreko announced as final National Supporter of the 2010 FIFA World Cup™
South Africa, 13 April 2010 - The final National Supporter of the 2010 FIFA World CupTM has been revealed as Shanduka-Aggreko. Shanduka, a leading African investment holding company, through its subsidiary Shanduka Energy, and Aggreko, the global leader in the provision of temporary power rental services, have formed a joint-venture which is the official supplier of rental power for broadcasting of the FIFA World CupTM tournament. The tournament will be held from 11th June to 11th July 2010 across 10 stadiums in South Africa.
The Shanduka-Aggreko joint venture energy rental contract will see Shanduka-Aggreko provide temporary power and temperature control for broadcast and technical services for the tournament. The contract involves providing broadcasting power in all 10 World Cup Stadium Venues, the International Broadcast Centre (IBC) and FIFA headquarters, as well as temperature control at the IBC. This will support the broadcasting of the 64 matches of the competition to over three billion people world-wide and ensure uninterrupted TV coverage throughout the event.
As a National Supporter, the Shanduka-Aggreko joint venture will benefit from a number of marketing rights including the ability to promote its’ association directly with the tournament alongside a select group of other FIFA sponsors and National Supporters.
Julian Ford, Director Marketing and Sales Development, Aggreko International, commented: “With our joint venture partners, Shanduka, we are extremely proud to be a National Supporter for this prestigious and high profile event, which will support the development of our business in South Africa and demonstrates our vision for growth in the country . This sponsorship builds on our previous contract for the supply of temporary power during the 2009 Confederations Cup and further underlines our long-term commitment to the global major events sector. The tournament will put South Africa firmly on the world stage drawing fans and spectators from almost every nation on earth. We are proud to play our part in supporting the global broadcasting of the FIFA World Cup.”
“Shanduka’s partnership with Aggreko for this particular project was based on our understanding of their capability to handle the magnitude and complexity of the event,” said Phuti Malabie, Managing Director, Shanduka Energy. “We are confident that our partnership with Aggreko, the leading provider of temporary power to the world's most prestigious sporting events, will ensure faultless performance at the World Cup.”
Aggreko has been active in Africa for over a decade and in 2006 formed a partnership with Shanduka Energy in order to enhance its operations in Southern Africa. Aggreko now generates over 800 megawatts across over 20 African countries and employs 450 people on the continent, of which over 80% are African nationals. In 2009, Aggreko opened its first permanent depot in South Africa, located in Midrand.
Editor’s Notes
Aggreko plc
Aggreko plc is the world leader in the supply of temporary power and temperature control solutions. Aggreko employs over 3,500 permanent people operating from over 144 locations. In 2009 we served customers in about 100 countries, and had revenues of approximately £1.0bn (USD $1.6bn or Euros €1.1bn). Aggreko plc is listed on the London Stock Exchange (AGK.L), is a member of the FTSE-100 index, and is headquartered in Scotland. For more information, please visit the company website at www.aggreko.com
Aggreko provides power and temperature control solutions to customers who need them either very quickly, or for a short or indeterminate length of time. Examples would be the supply of power to an industrial site which needs to service its permanent power supply, supplying a whole city in times of power shortage, or providing a major sporting event with power and cooling systems. We serve our customers either through our 144 service centres, which we call the Local Business, or globally through our International Power Projects business.
In the Local business, which accounts for about 60% of our revenues, we hire our equipment to customers, who then operate it for themselves, although we retain responsibility for servicing and maintaining it. In the International Power Projects business, which accounts for about 40% of revenues, we operate as a power producer. We install and operate power plants and we charge our customers both for providing the generating capacity, and for the electricity we produce. We design and manufacture equipment specifically for these requirements in our factory in Dumbarton, Scotland.
Recent customers include the Beijing 2008 Olympics, the Vancouver 2010 Olympics and the power utilities in over 50 countries including the UK, France, Angola, Kenya, Indonesia, Bangladesh, Venezuela, Chile, Brazil and the USA.
For more information, please visit the company website at: www.aggreko.co.za
Shanduka
Shanduka is a leading black owned and managed Investment Company established in 2000. Shanduka’s investment activities span Resources, Financial Services, Property and Strategic Investments. Shanduka is proud of its contribution to the transformation of the economy and society during a period of positive developments on the African continent. Our shareholder base combined with a highly qualified and committed management team positions us well to be a catalyst for change.
Shanduka commits substantial management time and expertise to the assets which it is invested in. As part of its investment monitoring process Shanduka is represented at board level and various board sub-committees such as investment, remuneration, audit and transformation committees
We contribute to the upliftment of our communities through a number of social investment initiatives conducted through the Shanduka Foundation. The foundation is a vehicle for transformation and empowerment dedicated to the improvement of education and the development of business skills amongst the previously disadvantaged community.
For more information, please visit the company website at: www.shanduka.co.za
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Press Contacts |
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Jana Single, Aggreko International PO Box 17576, Jebel Ali, United Arab Emirates Tel: +971 4 808 6336 Fax: +971 4 883 5404 Email: jana.single@aggreko.ae Web: www.aggreko.com |
Susan Parker, Fifth Ring Office 701, The Fairmont Dubai PO Box 126593 Tel: +971 4 372 0154 Mobile: +971 50 101 4403 Email: susanp@fifthring.com Web: www.fifthring.com |
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Simon Lyons, Aggreko plc Tel: +44 77 3611 2008
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