Ohlthaver & List (O&L) Group

O&L acquires majority stake in German company

O&L acquires majority stake in German company

Staff Writer The Ohlthaver & List (O&L) Group has acquired a majority stake in CRONIMET Mining Power Solutions GmbH from the exiting shareholder CRONIMET Mining AG in Switzerland and the deal is effective, 1 August 2020. Engineering-Procurement-Construction (EPC), is a German-based renewable energy project development, investment and asset management company. “The merger comes after half a decade of successfully partnering with CRONIMET in Namibia through a joint venture. In cementing the corporate merger, the O&L Energy business and CRONIMET will henceforth adopt its new trade name and brand, “O&L Nexentury” As of August 2020, “CRONIMET Mining Power Solutions” and “O&L…
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Ling appointed new Hartlief MD

Ling appointed new Hartlief MD

Staff Writer The Ohlthaver & List (O&L) Group has announced the appointment of Gunther Ling as Managing Director (MD) its subsidiary, Hartlief. Ling, who has been with the O&L Group for the last 13 years and started in the Finance Department of the Group, and later Broll Namibia, had been serving as MD of another O&L subsidiary, Namibia Dairies, for the last seven years. Thereafter, he joined Namibia Dairies as the Financial Director before moving into operations which gave him good insight into factory life and manufacturing and was then appointed Managing Director of Namibia Dairies from 2014 to 2019.…
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Union denies deal on Pick n Pay retrenchments

Union denies deal on Pick n Pay retrenchments

Staff Writer It has emerged Pick n’ Pay could have jumped the gun by announcing plans to retrench 500 employees without reaching an agreement with the Namibia Food & Allied Workers Union (NAFAU). According to Nafau, the union and the retailer owned by the Ohlthaver & List (O&L) Group, were still to engage over the company plans and the retrenchment announcement took it by surprise, a position confirmed by company. This also comes as it emerged that Pick n’ Pay had only communicated plans to retrench 450 employees to the union and not the 500 announced. “We are not in…
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Hangana pumps N$34m into vessel renovations

Hangana pumps N$34m into vessel renovations

Staff Writer Hangana Seafood, a subsidiary of the Ohlthaver & List (O&L) Group has announced that it has completed the refurbishment of one of its vessels, M.F.V Erica at a cost N$34 million. The revamp which took about a year to complete, included the installation of a new main 8-cylinder engine from Belgium as well as new winchers from Spain and a split net drum system which allows for more efficient switching between trawls, which according to Fleet Manager at Hangana Seafood, Christie Sitzer will extend the lifespan of the Erica by another 20 years. The upgrades on the electronic…
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