Under the new banner of an amalgamated holdings company, Tri-Star Group is launching a new brand as it takes on the South African construction market with renewed gusto.

Tri-Star Construction was founded in 1979 and was purchased in 1997 by partners Derek Wheals and Bill McNeil. The company’s success has been multiplying, with Tri-Star’s three divisions rapidly expanding, supported by an annual growth rate of approximately 50%. This consistent growth prompted the partners to expand Tri-Star as a holdings company in 2006, sourcing experts from various areas of the construction field and from within to head the company’s three divisions as Managing Directors.

Derek Wheals, Chairman of Tri-Star Group Holdings comments that, “Tri-Star is in the process of becoming a more dominant force in the construction field. We are making room to become truly competitive, and felt that it would be appropriate to signify this by giving our brand greater visual impact”.

Tri-Star Group Holdings consists of three divisions; 
• Tri-Star Projects which focuses on commercial construction,
• Tri-Star Developments which has undertaken many large scale multi-unit and cluster housing projects in and around Gauteng, and;
• Tri-Star Abakhi Abathathu which handles commercial refurbishment, renovations and tenant installations.

The new holding company has attracted well respected professionals in the construction industry. Mike Fullard, formally the CEO of the former Stocks Housing Group joined the Tri-Star team as a Managing Director of Tri-Star Projects and Duan van Wijk, previously with ABSA Ream, joins the team as the Managing Director of Tri-Star Abakhi Abathathu. Rob Duncan, who has been the General Manager of Tri-Star Developments for 5 years, takes over as Managing Director.

Wheals is delighted by the new recruits. “We are very privileged to have these respected individuals join our team,” says Wheals, “it not only allows our product to carry more weight, but it also opens many new avenues and opportunities for the company.”

“In our business we recognise the need to keep thinking ahead of the market”, comments Chief Executive Officer, McNeil. “We understand the dynamics of change and how important it is to keep planning for it. We also recognise the importance of our human capital accordingly, in 2007, Tri-Star Group Holdings sold 10% of its shares to an Employee Share Incentive Trust. The equity transfer sees the Broad based participation of all staff in the Group”.

To date, Tri-Star has been involved in the development of over 1000 prestigious cluster homes, 134 retail, business and commercial developments. They have also refurbished over 260 commercial properties.

As Tri-Star grows in capacity their new brand is truly representative of the dynamic company they are, ready to make their mark on the rapidly developing South African landscape.