Livecopper Investment by Yuppiechef co-founder’s Andrew Smith and Shane Dryden

 

[Cape Town, South Africa] – [1 September 2023] – Yuppiechef co-founders Andrew Smith and Shane Dryden -  through their investment vehicle Moa Holdings - have purchased an equity stake in Livecopper, a leading provider of building fixtures to industry professionals in South Africa.

The acquisition will allow Livecopper to accelerate its growth and expand its product offerings. It will also allow the company to leverage the expertise of Smith and Dryden in the e-commerce and retail sectors.

“We are excited to invest in Livecopper and to partner with its talented team,” said Andrew Smith. “Livecopper is a well-established company with a strong reputation for quality and customer service. We believe that Livecopper has the potential to be a major player in the building fixtures industry, and we are committed to helping the company achieve its full potential.”

“We are confident that Andrew and Shane are the right people to help drive Livecopper in our future plans,” said Livecopper MD Alf Allingham. “They have a proven track record of success in the e-commerce and retail sectors, and they share our commitment to customer service and quality. We are excited to work with them to grow Livecopper and to meet the needs of our customers.”

Livecopper was founded in 2012 by Allingham and Andrew Davies. The company provides a one-stop e-commerce platform for industry professionals to source building fixtures, including lighting, plumbing, and sanware. Livecopper offers a wide range of products from leading brands, as well as value-added services such as sourcing, plan reading, and lighting design.

“With Andrew and Shane’s experience in both e-commerce and traditional bricks and mortar retail outlets, we look forward to expanding our sales offering,” said Livecopper founder Andrew Davies. 

Dryden and Smith co-founded Yuppiechef in 2006 having a strong track record of innovation and customer service in both the ecommerce and traditional brick-and-mortar retail environment. Yuppiechef was acquired by Mr Price Group in 2021 and Dryden and Smith have since gone on to found the outdoor retailer Brave Hardy.

 

Pictured from left to right: Shane Dryden (Moa), Alf Allingham (Livecopper), Andrew Smith (Moa) and Andrew Davies (Livecopper)