Labat Africa Limited (JSE:LAB)
Labat Africa Limited (JSE:LAB) is a local black owned and managed Investment Holding Company.
Labat was founded and incorporated in 1995 by Brian van Rooyen and Victor Labat and listed on the JSE in 1999 as one of the first listed BEE companies.
Labat has been a major Government contractor providing consulting and related services since 1995. Labat has since inception successfully implemented many high profile Government assignments.
Through the repositioning of Labat as a level 2 B-BBEE fully compliant company operating in a climate where there is increased pressure for companies in all industries to comply with the BEE framework instituted by National Government, Labat has seized the opportunity to become a major force for economic transformation.
Labat currently operates three divisions:
Labat Healthcare's vision is to be the number one healthcare company in South Africa with a focus on medicinal Cannabis. The company aims to deliver product and process innovation through to market consumption and everything in between and is driven by a passion for leadership, a commitment to drive the industry forward, and above all else, providing consumers the best possible medical and wellness cannabis solution.
Labat's operations in this sector are spearheaded by South African Micro-Electronic Systems (SAMES), a leading microchip, energy-metering systems and biometrics solutions provider.
The Energy sector in South Africa provides both challenging and exciting investment and growth opportunities, which Labat Energy is iideally positioned to take advantage of. Labat Energy has two operational business units - Force Fuel and Autogas.