History of Nu-World Holdings

History

History of Nu-World Holdings

  • 2013
  • History
  • Yale Prima Proprietary Limited, acquired 100% of Nu-World Australia Proprietary Limited (formerly known as OO Australasia Proprietary Limited)
  • History
  • Acquired 100% in Nu-World Global Limited (formerly known as Palsonic China (H.K) Limited)
  • Nu-World’s JVC agency agreement extended to include entire Africa, Middle East, Australasia and New Zealand
  • 2012
  • Lefase Lesotho Manufacturing (Proprietary) Limited established
  • NW
  • 2011
  • Groups manufacturing operations closed
  • 2010
  • Acquired 49.9% interest in Palsonic China (H.K) Limited Acquired 49% interest in Lefase Logistics (Proprietary) Limited
  • Introduction of the Hi-Tech and Liquor divisions Expansion of White Goods division
  • HiTech
  • 2009
  • Disposed of investment in Nu-World UK Limited
  • 2008
  • Disposed of investment in On Corporation Inc. USA Yale Prima Proprietary Limited acquires 51% of online retailer OO Australasia Proprietary Limited
  • 2007
  • Increased investment in Yale Prima Proprietary Limited to 59.4% Introduction of home improvement division
  • History
  • 2006
  • Rationalisation of Prima Australasia Proprietary Limited and Yale Appliance Group Proprietary Limited into Yale Prima Proprietary Limited 45% investment in On Corporation Inc. USA
  • 2004
  • NW
  • Appointed South African agent for General Electric large appliances/ 65% investment in Yale Appliance Group Proprietary Limited
  • Introduction of Conti Motorsports division
  • NW
  • NW
  • 2003
  • Acquired 100% interest in Conti South Africa 60% investment in Nu-World UK Limited
  • NW
  • NW
  • 2002
  • Nu-World increased its holding in Prima Australasia to 51% Strategic alliance with Prima International UK(Proprietary) Limited established
  • 2001
  • Thomson distribution agreement for South Africa signed
  • NW
  • Telefunken agency for Prima Australasia Proprietary Limited
  • 2000
  • NW
  • Nu-World acquires 33% of Prima Australasia Proprietary Limited Agency/distribution agreement established with Casio/James Ralph (Proprietary) Limited
  • Appointed sole agent for Telefunken in South Africa
  • NW
  • 1999
  • Nu-Tec consumer electronics introduced
  • NW
  • 1995
  • Nu-World appointed as the sole agent for JVC in South Africa and sub-saharan Africa
  • NW
  • 1987
  • Nu-World Holdings Limited listed on the Johannesburg Stock Exchange
  • NW
  • 1980
  • Nu-World began importing and distributing small electrical appliances
  • NW
  • 1952
  • Manufacturing of small electrical appliances commenced
  • 1946
  • Nu-World Industries (Proprietary) Limited was established
  • NW
  • The Company began manufacturing electrical wiring accessories