Current portfolio

Financial services

Prudential Investment Managers

Thesele Group has a 22% stake in Prudential Investment Managers (PIMSA), one of South Africa’s largest investment managers. As of June 2016, PIMSA manages third-party assets worth more than R200-billion.

We first acquired 15% of PIMSA in September 2006. 

A bit more than five years later, in January 2012, we acquired a further 10%, giving us an effective shareholding of 22% post the dilution (owing to the management and employee share scheme).




Thesele Group acquired 100% ownership of Vexila Elexctrical Technology in August 2018.

Previously known as Pfisterer (Pty) Ltd South Africa, Vexila is a specialist in manufacturing products for energy transmission and distribution networks. It supplies Africa with the future-ready power grids products that are essential for a robust economy. Vexila is a proudly South African owned entity, with a Level 2 B-BEE rating and over 35 years of experience.

Probe Corporation

Thesele Group acquired 49.95% ownership of Probe Corporation in September 2016.  

Probe was established in 1963, more than 50 years ago, its main focus being auto-electrical services. The company has since expanded is now a direct importer, wholesaler and distributor of a range of auto-electrical products, and also offers added-value support such as repairs, remanufacturing, technical sales support and training.

Probe has a national branch network and a subsidiary called Integrated Mining Technologies.

Following the investment, Thesele takes on the role of an active shareholder, providing support to the investee management team on the strategic and operational direction of the business.


Historic portfolio