History

Connect.co was formed in 2011 following the merger of Genrics Services and Central Component Distributors.

Genrics Services was established in 1979 in Pinetown to stock and distribute fasteners to the manufacturing industry. In 2006 Genrics Services was purchased by the Jacobs Capital Group. Jacobs Capital is a private equity group with growing interests and investment in the South African fastening industry. Prior to the purchase of Genrics Services, Jacobs Capital was already (and still is) the holding company of Fascor Manufacturing in Prospection, Durban and Fascor Distribution which had sales offices, staff and warehousing in Durban, Cape Town and Johannesburg.

Upon Jacobs Capital purchasing Genrics Services Pinetown, Fascor Distribution was merged into Genrics Services. This marriage created a national distribution company and brought with it great growth in product range, distribution capability, skills and experience. In 2008 Jacobs Capital purchased the Port Elizabeth branch of a another South African fastener distributor and merged this branch into Genrics Services as well to broaden even further the growing company’s customer base, product range, and capabilities – thereby creating a truly nationally represented distribution base.

In 2010 Genrics Services consolidated its Durban base by moving the Genrics Pinetown branch to its head office in Prospecton, where Central Component Distributors was already located. Central Component Distributors, a 100% subsidiary of Jacobs Capital, was formed in 2008 as a macro-volume distributor for the Group, distributing to Micro Volume Distributors such as Genrics Services, as well as large end users. The decision to merge Genrics Services and Central Component Distributors and change the name to Connect.co was taken as part of a re-branding exercise following extensive research that was undertaken. The Connect.co brand is an amalgamation of the values of both companies and reflects the vision of where we want to grow this built-to-last business into the future and beyond.

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Connect.co is a verified BBBEE Level Five Contributor and ISO 9001:2008 accredited