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Bell Equpment CEO Leon Goosen to step down at year-end | Business

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Bell Equipment, which makes and sells heavy machinery such as dump trucks and forklifts, said on Monday CEO Leon Goosen is set to step down at the end of the year in order to pursue another opportunity. | News24_Business

it is enjoying the benefits of a record order book, and was even taking orders for 2024. However, given the fallout from load shedding, it has been investigating increasing manufacturing in its German factory, sourcing of fabrications from outside of South Africa, as well as a solar system for its Richard's Bay factory.

Shares in Bell were down about 1.7% on Monday afternoon, unchanged after the announcement, having risen by more than a fifth over the past one year.In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month.

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