As South Africa developed, so too, did Bateman and in order to keep on growing, the Group had established offices on all 5 continents. This expansion resulted in circumstances changing within the Bateman Group and the Bateman family culminating in a portion of the company, Bateman Project Holdings Limited, being sold to an international consortium of high nett-worth individuals in February, 2002.
As part of the restructure, the Edward L Bateman Group of Companies reverted to its former well-established trade name of ELB. However, the name-change in no way affects the day-to-day business of the company as the management style and culture remains unchanged.
Just as the Group founder, Edward L. Bateman, relied on world-leading products for its success in the early 1900s, so too, today, this continues to be the market strategy which the ELB Group depends on to carry it forward profitably and successfully into a new era.