Caterpillar reaffirms preference for privately-owned, local dealerships

Caterpillar Africa believes that locally-owned dealerships are best positioned to serve customers, drive sales and service growth, and tailor investments to regional requirements.

Caterpillar Africa believes that locally-owned dealerships are best positioned to serve customers, drive sales and service growth, and tailor investments to regional requirements.

Published Mar 5, 2025

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Caterpillar has taken note of the outcome of Barloworld's extraordinary general meeting held on February 26, 2025, triggering a Standby Offer from the Consortium. 

Caterpillar reaffirms its support for this transaction; aligning with its preference for privately-owned, local dealerships.

It is our firm belief that locally-owned dealerships are best positioned to serve customers, drive sales and service growth, and tailor investments to regional requirements. Localisation enables a deeper understanding of customer needs, effective operation within regional frameworks, and the development of skilled local employees.

Private ownership structures foster long-term decision-making and investment strategies. This structure, which is pursued with the Standby Offer, aligns with Caterpillar's Africa localisation and private ownership strategy.

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