The official company name is REATILE. It is a Tswana name which, when translated and paraphrased means “We are growing” or more directly “We have grown”.
BACKGROUND AND COMPANY HISTORY
Reatile is a black owned investment holding company formed in 2003 to take advantage of the opportunities presented by the economic transformation in the industrial sector of the South African Economy. The founding members and executive management team are black professionals with a combined experience of over 50 years in these sectors.
The founding members of Reatile Group are Simphiwe Mehlomakulu (Chairman), Sizwe Hopa and Leven Moodley. Leven Moodley was later bought out. The interest of the founding members in Reatile is held in a vehicle named EM-Three Investment Holdings (Pty) Ltd which owns the shares in Reatile Group.