Founded in 1971 in Johannesburg (South Africa), Tsebo has developed into a pan-African enterprise of stature, enjoying a strong presence in a wide range of local and international business sectors. Today, the Tsebo offers market-leading contracted services in Facilities Management, Remote Camps, Catering, Cleaning, Hygiene, Security, Energy and Procurement. This extensive range of hard, soft and infrastructure management services are enjoyed by over 7,000 clients sites across a number of sectors including financial services, manufacturing, mining, leisure, energy, environment, retail as well as universities and other public services. Tsebo’s clients have found significant benefits in contracting their “non-core” functions to its experienced professionals. Tsebo delivers improved value, consistent innovation and continuous efficiency to clients in every economic sector. Underpinning Tsebo’s successful business model is a constant and robust dedication to sustainable development and equal opportunity employment.
Wendel announced on September 19, 2016 that it had signed an agreement with Rockwood Private Equity and other minority shareholders to acquire Tsebo Solutions Group. On December 20, 2016, Wendel signed an agreement whereby Capital Group Private Markets, an experienced emerging markets private equity affiliate of the Capital Group Companies, a leading global investment management organization with over 85 years of asset management experience, would become a significant minority shareholder in Tsebo. On January 31, 2017 Wendel obtained all regulatory approvals and completed the acquisition of 65% of the share capital of Tsebo Solutions Group.
Chief Executive Officer
Board of Directors