A few weeks ago this column noted the emergence of Apex Partners — headed by the irrepressible deal-maker Charles Pettit — as a 15.15% shareholder in industrial supplies and services group ELB. So perhaps it is no surprise that ELB is now undergoing changes at an executive level with Pettit appointed group CEO.

Long-serving CEO Stephen Meijers will step down as group CEO, but will remain CEO of ELB Engineering Services. The operational status quo at subsidiary level also remains with Peter Blunden staying on as CEO of ELB Equipment, and Christopher Malan as CEO of ELB Equipment Australia...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now