Global Capital acquires a 62% equity interest in National Airways Corporation (Pty) Ltd

National Airways Corporation was established in 1946 and over the years has spread its wings to become the largest general aviation company in Africa and one of the largest of its kind in the world.

Imperial Holdings has been the major shareholder in the business since 1999. This transaction concludes the sale of the last aviation asset in the Imperial Holdings portfolio.

NAC offers a full range of aviation services and products to the fixed wing and helicopter markets, including aircraft sales, aircraft maintenance, parts, value added products, charter, international operations and pilot training.

From its headquarters at Lanseria Airport in Johannesburg, NAC operates a South African network of offices in:

- Cape Town,
- Durban,
- Grand Central Airport,
- Wonderboom Airport
- Rand Airport and
- Port Alfred - 43 Air School

NAC also has businesses further afield such as Awesome Flight Logistics in Perth, Australia and Specialized Aircraft Services in Wichita, USA.

For further information on NAC go to www.nac.co.za

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Global Capital acquires an equity interest in Process Pipe Company (Pty) Ltd

Process Pipe was established in 1969 by Selwyn Tucker and traded as Process Agencies. In 1975 the company changed its name to Process Pipe Company (Pty) Limited.

With its small beginnings the company expanded dramatically and in 1973 it opened its own pipe flange manufacturing company for both plate and forged flanges in carbon steel and stainless steel. With the ever increasing demand for the company's products and services, branches were opened in the Cape during February 1976 and in Kwa-Zulu Natal during 1978.

Today Process Pipe is one of the leading stockists of carbon steel and stainless steel pipes, fittings and flanges to International and South African standards and are fabricators of special carbon steel piping systems, catering for the Mining, Chemical, Petrochemical, Nuclear and allied industries. With their new and modern mechanical handling equipment they are able to timeously expedite orders anywhere in South Africa.

Process has expertise in all aspects of the pipe field. The sales personnel are all knowledgeable, enthusiastic and helpful, with many years of experience in the industry. Substantial investments have been made in stocking the correct materials for various applications.
The business operates from premises in Sabenza, Johannesburg, as well as Cape Town and Durban

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Global Capital appoints two new Directors

In July 2012 Global Capital was proud to announce the promotion of David Vinokur and Brett Boner to the position of directors.

David has been with the company since 2004 and Brett since 2005 and both are invaluable assets to Global and its investments.

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