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In 2008 the Luna Group celebrates 32 years since the founding of BC International in 1976 by entrepreneur, Barney Esterhuyzen.
A keen entrepreneurial spirit and firm ethical standards defines Luna Group.
Vision, excellence and loyalty are embraced as it's core values.
Luna's business journey over the past 3 decades maps diverse industries and from it's base in South Africa conducted business operations in Europe and Australia, at stages employing up to 750 people with stock exchange listing in South Africa and Europe.
Hard work at the coalface of business toned the intellectual capital of the group. It gained practical experience of the risks, sacrifices and rewards associated with the growth of entrepreneurial businesses.
| 1976 - 1985 |
Various trading and industrial business established |
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| 1985 - 1997 |
PSM Group, various media & leisure companies established |
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| 1995 |
Rugby World Cup in South Africa - PSM commercial agent - Redevelopment of various stadiums in South Africa, incl Newlands, Ellis Park, Loftus Versveld etc. |
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| 1997 |
SAIL - JSE main board listing
SAIL media established. Pro Range established. |
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| 1998 |
Acquire joint controlling stake in Blue Bulls rugby. Proceed to acquire strategic stakes in various other sports teams in South Africa |
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| 1999 |
Luxembourg Stock Exchange listing (secondary)
Richemont Group (later Venfin) took up an equity in Luna Corporation. |
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| 2000 |
Sail expands internationally. Invest in Sportal Australia amongst other international ventures. |
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| 2001 - 2002 |
Luna Corporation shareholding unbundled and Luna Group incorporated.
SAIL acquire Vodacom Sport and Entertainment. |
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| 2003 |
Luna Group divests from SAIL and SAIL de-listed. |
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| 2004 |
Investment in Hepro |
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| 2005 |
Investment in DigiCore Holdings Limited.
[www.Digicore.com]
Vuka Brand established. |
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| 2006 |
The first VUKA store opened in February in the Western Cape, which has grown to 95 outlets and dealers by June 2007.
[www.vukascuta.com] |
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| 2007 |
Titan Securities take an equity stake in Luna Group. |
Turning plans into real business, maximize scarce capital, fighting
for revenue and surviving unexpected challenges.
Seeking the industry profit zones, changing the rules and dealing
with the serious risks of rapid growth. Acknowledging and fixing
mistakes – quickly.
Turning a single owner centralized business into a corporation,
decentralizing decision-making and installing effective corporate
processes. Pulling together a management team with specialized
industry expertise.
Creating, developing and building strong corporate and consumer brands.
Raising capital, debt and achieving optimal gearing levels for
the business.
The benefits and risks of attracting institutional investors.
Major industrial groups, major financial institutions, international
investors, private equity funds and venture capitalists, were
all at various stages investors in or with the Group.
Developing a wide international network and dealing with the risks
associated with investing in the international market (in particular
Europe and Australia), converting locally successful business
models for application in offshore markets and appreciating the
business impact of international cultural differences.
Benefiting from the prestige of and access to the public capital
markets, whilst dealing with the impact of opening every material
business decision, success and mistake to the harsh light of public
and media scrutiny. (Johannesburg Stock Exchange and Luxembourg
Stock Exchange listing of LUNA Subsidiary –Southern African
Investments Limited or SAIL Group Limited.)
Particularly in the South African environment, the important process
of black economic empowerment and employment equity. The Group
gained first hand experience of the do’s and don’ts
of effective empowerment that works.
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Inception:
