The SAED acquisition in 2014 brought with it the first black ownership of the company’s shareholding. The company will retain its majority private ownership and family ethos through the equity of the founders of the company, the Venter family.
This investment by SAED unlocked even further potential in HDC. In this way, the company was catapulted into a new league both locally and internationally. High Duty Castings seeks to be a leading foundry within the industry as well as a committed empowering employer.