What we do: Abela (Pty) Ltd is vehicle leasing business that sources the right vehicle at the right price through a preferred network. Monthly payments are calculated according to chosen period and km usage and so costs are aligned with actual km’s to be covered. The customer does not have to pay the full vehicle cost because the future value is guaranteed and Abela can take the vehicle back at the end of term.

Ownership & Management: Abela is privately owned and the other major shareholder is Richmark Holdings (investment holding company). The company has a strong management team has been in the fleet management and motor industry for more than 20 years. Keri Kirsten (Managing Director) has over 20 years’ experience in the financial / fleet management industries. He has a broad experience base covering the commercial, financial and IT facets of fleet management.

Key financial indicators: Not provided. Abela is a well-managed business with strong operating performance that offers full maintenance lease, operating lease and dynamic lease optionality.

Track record: Abela is growing market share in its leasing product range with business and individual customers.

Contact details: Tel: (+27) 87 550 7968 Email: customercare@abela.co.za Address: Misa Centre, 12 Fir Drive, Northcliff, Johannesburg, South Africa Website: http://abela.co.za

Or contact us for free additional information at info@peafrinsights.co.za