Aveng

Aveng (formerly Anglovaal Engineering) is an international infrastructure and resources company listed on the Johannesburg Stock Exchange. Its origins lie in modest construction projects, but Aveng now operates in steel, engineering, manufacturing, mining, concessions, public infrastructure and water treatment. Aveng currently operates in a diverse range of sectoral and geographic markets.
Aveng's primary geographic markets are southern Africa and Australia.
The Company employs some 14 158 people and has an annual turnover in excess of R30 billion.
Strategic Review.
During the first half of FY2018, Aveng undertook a "robust strategic review" to fully evaluate their financial structure and operational performance to determine the key requirements for our medium- and long-term sustainability.
Aveng announced as part of their strategic plan that they would dispose of businesses that did not support the Group's long-term strategy. Aveng intends to dispose of the Grinaker-LTA and Trident Steel operating divisions first, followed by the individual Manufacturing businesses.
Core businesses.
Construction and Engineering: Australasia and Asia
McConnell Dowell
McConnell Dowell is a major engineering, construction and maintenance contractor, in the building, infrastructure and resources sectors in Australia, New Zealand and Pacific Islands, Southeast Asia and the Middle East.
Mining
Moolmans
Moolmans is a South African-based operator in open cut contract mining across Africa.
Non-core businesses.
Aveng Trident Steel
Trident Steel supplies a wide range of products to the distribution, mining, construction and automotive industries from its steel processing service centres and warehouses, and its manufacturing and fabrication plants.
Aveng ACS (Automotive & Control Solutions
Aveng Automation & Control Solutions is a market leader in Southern Africa in the field of Process Control Instrumentation providing world-renowned products, specialised training, after sales service and technical support. Aveng Automation & Control Solutions represents Emerson Process Management, formerly Fisher-Rosemount, in Southern and Eastern Africa.