SMITHS is the largest automotive air conditioner company in the Republic of South Africa (RSA).ĭENSO has been involved in the RSA's automotive air conditioner market since 1982, when it entered into a technical assistance agreement for automotive air conditioners with SMITHS. The effective date of the investment is dependant on the approval by the relevant authorities. DENSO and SMITHS will work together to enhance competitiveness and manufacturing capabilities. March 31 - DENSO Acquires 25 % of Car AC Company in South AfricaĭENSO Corporation (DENSO) and Metair Investments Limited (METAIR) have agreed on March 17 that DENSO will purchase 25 percent of the shares in Smiths Manufacturing (Pty) Ltd (SMITHS) from METAIR, the holding company for SMITHS. AllChem Company |*| Archive of news (March 2005)
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