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Tuesday, 8 October 2013

CTE Consortium acquires Union Carriage & Wagon from Murray & Roberts

Johannesburg, 29 January 2013 – Murray & Roberts has announced the disposal of the business of Union Carriage & Wagon Company (“UCW”) to the CTE Consortium, a consortium including CTE Investments (Pty) Ltd (“Commuter Transport Engineering”) or (“CTE”) and the Industrial Development Corporation (“IDC”), for an undisclosed amount. Henry Laas, Group Chief Executive, Murray & Roberts [...] + Read more

Monday, 23 September 2013

Celebration of CTE’s Acquisition of Union Carriage and Wagon

The celebration of the acquisition of Union Carriage and Wagon (UCW) by a Commuter Transport Engineering (CTE) led consortium was recently held at the Africa Rail Exhibition in... + Read more

Monday, 23 September 2013

Press release

Commuter Transport Engineering Investments (CTE) and Faiveley Transport are pleased to announce that they have formed a partnership to create a local company that will design, manufacture and sell rail equipment for railway applications in South Africa. This new Company secures the localisation for Faiveley Transport products in South Africa. “Joining forces with CTE to create [...] + Read more