RTT Group

Region

Sub-Saharan Africa

Country

South Africa

Deal type

Management buy-out

Investment date

2009

Exit date

2014

Status date

Realised

Delivering to Africa

The RTT Group (formerly Fuel Logistics) provides customised supply chain and logistics solutions to blue chip South African and international customers across a wide range of sectors. RTT divisions are market leaders in providing supply chain solutions to the FMCG, clothing retail and pharmaceutical sectors in South Africa and Sub-Saharan Africa.

Actis was attracted to the RTT Group’s business model of focusing on low-weight, high-value goods, and its strong organic growth as it helped clients expand both in South Africa and other African markets. The intention was to take advantage of synergies between group companies, target clients in higher margin verticals, implement operational efficiencies and adopt global best practices for greater growth.

The business was restructured in September 2010, when the company was re-branded as RTT Group. Since then, management has successfully restructured the cost base, instilled financial discipline and returned profitability and service standards to good levels.

Actis exited The RTT Group in 2014.