Executive Summary
ACTOM (Pty) Ltd is is the largest manufacturer, solution provider, repairer, maintainer and distributor of electro-mechanical equipment in Africa, offering a winning and balanced combination of manufacturing, service, repairs, maintenance, projects and distribution through its 35 outlets throughout Southern Africa and is also a major local supplier of electrical equipment, services and balance of plant to the renewable energy projects.
Client Profile
Year Founded: 1903
Industry: ACTOM is a major supplier of electrical equipment, services and balance of plant to the renewable energy sector.
Employees: 7,500
Solution
ACTOM appointed TreasuryONE for Exchange Rate Risk Management services, now taking full benefit from TreasuryONE’s unique professional expertise in managing the specifics of FX risk at a time of major market volatility.
‘‘I am delighted that ACTOM has entrusted us with their Exchange Rate Risk Management requirements. With today’s currency volatility at almost unprecedented levels of turbulence, it makes good business sense to partner with a leading service provider that eat, sleep and dream currency. We are applying our substantial skills and experience in FX exposure management, supported by world-class technology, to secure the best rates for our clients.”
Hennie de Klerk, Founder and CEO of TreasuryONE