Multitrade Distributors reflects on 40 Years

Multitrade Distributors, a provider of tungsten carbide cutting tools and tool holders recently commemorated its 40th anniversary, marking four decades in the industry. The company, with its head-office based in Illiondale, Gauteng, was established by Johny Hansen and a former business partner has grown from humble beginnings to become one of the leading suppliers of cutting tools in South Africa, with branches in Johannesburg, Durban, Port Elizabeth, and Cape Town. Today, Multitrade Distributors says it supplies approximately 10% of the local cutting tool market.

A young Johny Hansen working in his father’s company, Hansen’s Engineering in Port Elizabeth

Hansen’s journey began over 50 years ago when he joined his father’s company, Hansen’s Engineering in Port Elizabeth. After honing his skills as a turner machinist and completing his studies and apprenticeship, Hansen saw an opportunity to start his own business selling cutting tools. In 1983, Hansen and his former partner began trading as Multitrade Distributors in Port Elizabeth. They were made the sole agents for Mitsubishi Materials tooling in South Africa after exceeding the sales of the Cape Town agent by 500%. In 1984, Hansen and his wife Yolande moved to Johannesburg to grow Multitrade Distributors, operating and selling cutting tools from the boot of his car before later renting office space from Mitsubishi Corporation.

When Johny Hansen moved to Johannesburg he used the boot of his car as his showroom. That changed when he rented office space from Mitsubishi Corporation

Throughout the years, Multitrade Distributors has added new agencies and expanded its product range, now also supplying products from companies such as Moldino, Ceratizit, Union Materials, ARNO Werkzeuge and D’Andrea, as well as additive manufacturing solutions from Meltio, GE Additive and AMAZEMET through Multitrade 3D Systems.

Hansen attributes the company’s success in its 40 years of existence to the support and partnerships with loyal customers, suppliers, as well as the dedication and hard work of the Multitrade team.

“I would like to express my heartfelt gratitude to the company’s valued customers, dedicated staff, and the extended supplier network, especially Mitsubishi Materials, for their unwavering support throughout the years. I would also like to thank Terry Nicholls and Mark Lotter for their commitment to the company’s growth over the years,” said Hansen.

The current staff of Multitrade Distributors at the head-office in Illiondale, Gauteng

Pamela Van Jaarsveld, the current Managing Director, added, “We are grateful to Johny and his team for their vision and dedication to building this company from the ground up. We are honoured to continue their legacy and are excited about the future of Multitrade Distributors. We remain committed to delivering value to our customers and partners and look forward to another 40 years of growth and success.”

“As Multitrade Distributors reflects on 40 years of achievements, it stands poised for the future, continuing its legacy of providing quality cutting tools and services to the industry.”

For more information contact Multitrade Distributors on TEL: 011 453 8034 visit www.multitradedistributors.co.za