Fully Exited 1st Quarter calendar year 2023
“In addition to capital, Kleoss also provides another valuable resource, in that they proactively engage with their investments and businesses at a board and strategy level. So they add a wealth of expertise to our company that will be important to our planned expansion.” – Dean Kowarski (Real Foods CEO)
Fully Exited 2nd Quarter calendar year 2026
Fully Exited 1st Quarter calendar year 2024
Partially Exited 1st Quarter calendar year 2020
Fully Exited 3rd Quarter calendar year 2026
Fully Exited 1st Quarter calendar year 2025
Founded in 1957 as a commercial global franchisor. Bandag has over 1,700 franchised dealers in more than 100 countries world-wide, replacing almost 9 million truck and bus tyres a year. In South Africa, the franchise is owned by majority management and Kleoss Capital. The parent company was formed in 1957, when Roy Carver purchased the rights to a revolutionary precured retreading process from its German inventor, Bernard Anton Novak. Today Bandag is a global company, with 15 production facilities on 5 continents, producing retreading equipment, more than 275 tread designs and sizes and providing needed services to trucking fleets worldwide.