Investors
Our Investment Case
Sustainable African Mobility Player
Metair operates in two major segments: ‘Automotive Component Manufacturing’ and ‘Aftermarket Parts and Services’.
Growth, with a specific focus on increasing the African footprint, is on manufacturing excellence and acquisitions, with the culture returning to one of common values and common interpretation.
- Metair was formed in 1948, and since 1964 has been a key part of the automotive supply chain in South Africa.
- The group manages a portfolio of 10 key companies largely based in South Africa, while it distributes products to most countries on the African continent.
- Metair companies have received many awards over the years, amongst others; Achievement Awards for Cost, Toyota Supplier Achievement Award, Best Technologic Battery Brand in Turkey and Best Supplier in the Romanian automotive industry.
Notable acquisitions

2024
Autozone

2016
ABM 25% stake

2008
ATE

2016
Mutlo Akü

2012
Rombat

2000
Valeo

1999
Tenneco

1993
Unitrade

1988
First Battery

1989
Hesto Harnesses

1985
Smiths manufacturing

1984
Supreme Spring
Major shareholders
Non-public
22.26%
Public (Free-float)
77.74%
Coronation
10.92%
PIC
10.75%
Value Capital Partners
7.03%
Old Mutual
6.63%
Foord
5.73%
Capitalisation
JSE symbol
MTA
Shares in issue
193.5M
Market Cap (26 Mar 2025)
R1.5B
Share price (26 Mar 2025)
760cps
NAV
1388cps
FY2024
R11.8 billion
Revenue
R1.2 billion
Cash
R2.7 billion
Net Debt
Leadership
Investor Diary
Automotive Component Manufacturing
Aftermarket Products and Servives
