On the Dot has done a deal with One-Logics an ALT-X listed company. This transaction included the purchase of Press Support (Pty) Ltd, Media Express and a 61% interest in Internet Express (Pty) Ltd. These acquisitions put On the Dot in a position to increase its footprint in the logistics market. The transaction was finalized in early January 2011 when the Competitions Board approved the transaction.
Since 1995, Press Support has offered a distribution service of printed news matter and magazines with operations in Johannesburg, Durban and Cape Town. Media Express, founded in 1992, offers a courier service in the Johannesburg area to the print and media industry. Internet Express is an internet portal to the Media Express business. It includes the following two websites: www.internetexpress.co.za
"To ensure that we remain the market leader in the media logistics industry, we purchased Press Support, Media Express and Internet Express which is closely aligned to our business model. These businesses will add value to our existing business but also create new opportunities to serve our clients better" said Arend Kotzé, chief executive officer of the On the Dot Group.
On the Dot is a leading multichannel media logistics company with an extensive network in South Africa as well as Sub Saharan Africa with a presence in Namibia, Nigeria and Kenya. On the Dot distribute more than 70% of all magazines; 50% of newspapers; almost 46% of books and 36% of leaflet distribution in South Africa and has capacity to grow. Digital fulfilment solutions are also available to clients.
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