CFAO Automotive extends footprint in Mozambique
The project, which has been under discussion for a year, was finalised last week, allowing the group headed by Richard Bielle to sign its 39th contract on the continent.
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▪ CFAO Automotive extends footprint in Mozambique
▪ The project, which has been under discussion for a year, was finalised last week, allowing the group headed by Richard Bielle to sign its 39th contract on the continent.
▪ https://www.africabusinessplus.com/en/809318/automobile-cfao-extends-its-footprint-in-mozambique/
The new operation is being carried out via a takeover of the assets of the Mozambican group Entreposto, a multi-brand automotive distributor active in Mozambique and Portugal, in the framework of its acquisition by the Portuguese automotive group JAP.
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