Kraatz Engineering, a subsidiary of the Ohlthaver & List (O&L) Group, officially announces its acquisition of C&V Welding (Pty) Ltd, effective as of 1 March 2021. The latter will operate as Kraatz Engineering C&V Welding, adding its steel construction services to the former’s engineering services for the industrial, maritime, oil and gas, and mining industries. The acquisition will produce an expanded network of engineering and construction services between the two companies.
C&V Welding is well known for its reliability, seamless coordination and adherence to client specifications and health and safety procedures. The steelwork solutions provider has completed several commercial, industrial and residential projects, from the construction of warehouse and roof structures to finer stainless-steel work including the fabrication of handrails and balustrades. These capabilities in grand projects as well as elaborate, small-scale construction will enhance the expertise and market offerings of Kraatz Engineering.
Eugene Louw, Kraatz Engineering Managing Director (MD) praised C&V Welding for the rich heritage they have created and expressed his pride in their legacy being combined with that of Kraatz Engineering: “Having become the preferred steelwork partner of many since its establishment in 1974, and with an outstanding reputation for delivering beyond expectations, C&V Welding is a valuable addition to the Group and the joining of their 19-strong workforce will advance the creation of a more comprehensive, integrated service offering for our clients and stakeholders. The interdependence within our new team will also lead to our employees gaining a greater skillset and expanded work opportunities.
“This acquisition solidly reflects our Group’s Vision of ‘being a catalyst for positive change, creating new realities and fulfilling dreams’, as we see C&V Welding enter this new chapter in which our companies strive together to enrich the engineering landscape in Namibia and expand the opportunities to be found within and beyond it.”