SA Bias has a successful history spanning almost 90 years. A summary of key milestones is presented below.
Sam Clapper founded SA Bias Binding Manufacturers, which supplied bias binding and waistbands to the garment industry in South Africa.
SA Bias Binding Manufacturers acquired Schnider, a competing bias binding manufacturer.
Philip Coutts-Trotter was appointed as Managing Director.
Christopher Seabrooke, CEO of Sabvest, was appointed to the Board.
16 Acquisitions were made in South Africa, including the Narrowtex Group. SA Bias was transformed from a small bias binding business into a diversified industrial group.
Listed on the Johannesburg Stock exchange.
ITL, a subsidiary of SA Bias at the time, established its first offshore operation in Congleton, United Kingdom. This began SA Bias’s expansion outside South Africa.
ITL expanded into Hong Kong
SA Bias was delisted from stock exchange to facilitate a management buy-in
ITL China and ITL Sri Lanka established.
ACM, our elastics business, was established.
ITL factories were set up in India, Turkey, and Mexico,
Sabias Investments Division established
Acquired 60% stake in Flowmax Holdings Limited.
Flowmax acquired Castle Pumps Limited.
ITL Bangladesh and ITL Vietnam operational. ITL acquired 76% stake in Overheer Systems.
SA Bias acquired the remaining 40% of Flowmax, making it a wholly-owned subsidiary.
Sale of International Trimmings and Labels SA (Pty) Ltd, Sabias International Limited and its subsidiary companies including all ITL subsidiaries.
Flowmax acquired Pumptronics Limited.
Flowmax acquired Petroy BV and Whisper Pumps Limited.
Flowmax acquired Essco Controls Limited.
The NTX Group acquired Specialised Ropes SA.
The Group continues to actively expand through organic growth and acquisitions.