In line with USKO`s recent decision to implement a quantum strategic shift of the group`s resources into targeted market niches within the information technology and communications related industries, Mr John Beck USKO`s Chief Executive Officer announced that it has disposed of its Steel Wire Division to Cape based Allens Meshco for an undisclosed sum. Mr Rick Allen, Managing Director of Allens Meshco, described the deal as a win, win situation and said that it was like finding the "missing piece of a jigsaw puzzle" as it would fit in perfectly with the rest of their related businesses: Meshrite (Jhb), Cape Wire (P.E.), Agriwire (Western Cape), Impi Wire (George) and Independent Razor (Durban). The Steel Wire Division makes galvanized wire and strand, and is one of only three companies in South Africa able to produce Class A Galvanised Wire.
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