Altron’s Bytes to acquire Unisys Africa
Bytes Technology Group, wholly owned by the JSE-listed Altron Group, has entered into agreements to acquire 100% of the issued share capital of Unisys Africa from Unisys Corporation and CyberKnowledge Systems Investments, a local empowerment company.
Altech cushions Altron
Challenging market conditions and margin pressures had a significant impact on the fortunes of Altron over the last year. Of its subsidiaries, only Altech managed to grow profits, shielding the group somewhat from the difficulties faced by Powertech and Bytes.