enX Group Limited (JSE:ENX)

Andrew Hannington
Market Cap (AUD): 1.51B
Sector: Industrials
Last Trade (AUD): 8.3 +0 (+0%)
Tab Bar

1. About

enX Group Limited (JSE:ENX) is an industrial group that provides unsurpassed quality branded and in some segments locally manufactured, industrial equipment, related components, service and technical expertise to a wide range of industry sectors in South Africa and sub-Saharan Africa.

Clients range from heavy industrial, mining and construction groups to wholesalers, retailers, technology and telecommunications companies, banks and manufacturers.

enX Fleet

Eqstra provides a full spectrum of passenger vehicle services including leasing, fleet management, outsourcing solutions, maintenance, warranty management and vehicle tracking solutions. It also provides fleet management solutions for commercial vehicle fleet owners and logistics solutions. Its footprint is South Africa and sub-Saharan Africa. The Eqstra’s commercial vehicle operations are supported by a nationwide network of workshops and panel repair shops.

enX Equipment

EIE Group

EIE provides distribution, rental and value added services for industrial and materials handling equipment in South Africa, other African countries and the UK. EIE in South Africa is the market leader in materials handling and the sole distributor of Toyota Forklifts, BT warehousing equipment, Konecranes heavy duty forklifts and container handling equipment, Terberg Terminal Tractors, Hawker batteries and chargers, Hako Industrial cleaning equipment and Fassi truck mounted cranes in sub-Saharan Africa. Its UK operation, Impact, is the exclusive distributor for Cat Lift Trucks and Konecranes heavy duty forklifts and container handling equipment in the UK.

New Way

The power businesses comprise of locally manufactured power solutions; rentals of temporary power (mostly short term) and distribution of engines, spare parts and related products. Power has sole distribution rights in South Africa for Global premium brands Moteurs Baudouin, John Deere, Mitsubishi and Grupel.


Wood trades through Austro, which distributes professional woodworking equipment, tooling, adhesives and the provision of associated services such as blade sharpening and equipment maintenance. It is the sole distributor of Biesse equipment and Leitz tooling in South Africa.

eNX Petrochemicals

African Group Lubricants (AGL) is the Authorized Distributor of Mobil Lubricants in South Africa and we have dedicated Lubricant Engineers to support our customers with any lubricant related Technical challenge. AGL also represents Quaker Houghton, the global leader in industrial process fluids to the primary metals and metalworking markets. AGL’s Manufacturing Facility and Advanced Laboratory offers Toll Blending Services for high quality range of products.

West African International

WAI and enX Polymers are the sole agents and distributors of ExxonMobil Chemical, one of the largest chemical companies worldwide. WAI and enX Polymers distribute plastics, polymers, rubber and speciality chemicals into Southern Africa.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk