The Disruptive Innovator
Finweek English|13 April 2017

The Pratley Group has established itself as a world leader in the manufacturing of electrical products and adhesives. Since its inception back in 1948, the company has registered over 350 patents and currently manufactures more than 1 200 products and 10 000 product components.

Glenneis Kriel
The Disruptive Innovator

Say the word “Pratley” and most people will think of Pratley Putty®, which, by the way, is the only South African product ever to have gone to the moon. Talk to people in the building and mining industries and the first thing they will come up with is Pratley cable glands and junction boxes. Kim Pratley, CEO of the Pratley Group, talks about the company’s journey to success.

Pratley was started by your dad, George ‘Monty’ Pratley. Tell us more about him. What did he do before he started the company?

He was a very fair person, but a tough businessman and great engineer. He was an inventor and entrepreneur at heart. No matter what he looked at, his first thought was always about how he could improve it.

Monty grew up in South Africa, but studied mechanical engineering at Lanchester Polytechnic in England after his father died. He attended evening classes and during the day worked at British Thomson-Houston Company (BTH), which later became a subsidiary of the General Electric Company. When WWII broke out, he started working as an apprentice turbine engineer as part of the team at BTH in Rugby, who secretly developed the British jet engine under the guidance of Frank Whittle, the inventor of the jet engine.

Later during the war he joined the British Army and landed in Normandy, France on D-Day with the 7th Armoured Division. He was swept all over Europe until the end of the war. He and my mom, Marguerite, met while he was still studying in Rugby. They came to South Africa about a year after the war was over. I think he just wanted to get back home.

What happened when Monty came back to South Africa?

Esta historia es de la edición 13 April 2017 de Finweek English.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición 13 April 2017 de Finweek English.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE FINWEEK ENGLISHVer todo
THE HEALTH OF SA'S MEDICAL SCHEMES
Finweek English

THE HEALTH OF SA'S MEDICAL SCHEMES

As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.

time-read
7 minutos  |
5 November 2021
The effect of Gilbertson's departure
Finweek English

The effect of Gilbertson's departure

With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.

time-read
3 minutos  |
5 November 2021
Making money from music
Finweek English

Making money from music

Why investors are increasingly drawn to the music industry.

time-read
3 minutos  |
5 November 2021
Conviction is key
Finweek English

Conviction is key

Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.

time-read
5 minutos  |
5 November 2021
The post-pandemic toolkit
Finweek English

The post-pandemic toolkit

How CFOs can use technology to support growth.

time-read
4 minutos  |
5 November 2021
Big city living exodus
Finweek English

Big city living exodus

Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.

time-read
3 minutos  |
5 November 2021
Big compact, big value
Finweek English

Big compact, big value

Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.

time-read
3 minutos  |
5 November 2021
On barriers to entry
Finweek English

On barriers to entry

There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.

time-read
2 minutos  |
5 November 2021
Fear and greed in one index
Finweek English

Fear and greed in one index

To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.

time-read
3 minutos  |
5 November 2021
Africa's largest data centre facility coming soon
Finweek English

Africa's largest data centre facility coming soon

Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.

time-read
3 minutos  |
5 November 2021