CFAO absorbs equipment manufacturer EIE Group to reinforce presence in South Africa
The operation confirms the interest of the mobility specialist in the southern area, where South Africa already houses a third of CFAO’s employees on the continent.
Someone shares this article with you
▪ CFAO absorbs equipment manufacturer EIE Group to reinforce presence in South Africa
▪ The operation confirms the interest of the mobility specialist in the southern area, where South Africa already houses a third of CFAO’s employees on the continent.
▪ https://www.africabusinessplus.com/en/811645/cfao-absorbs-equipment-manufacturer-eie-group-to-reinforce-presence-in-south-african-market/
CFAO’s acquisition of the EIE Group from the local industrial player enX Group is the latest move by CFAO to strengthen its foothold in South Africa. Already positioned in vehicle sales, logistics and assembly, the group is diversifying its activities by adding the supply of handling equipment and industrial handling operated by EIE Group.
This article is for subscribers only. To read more, subscribe with a special offer.
You are connected to your Jeune Afrique account but your Africa Business+ subscription does not allow you to consult the English version. To update your subscription, contact us by clicking here.
Recommended articles
Industry
11/05/2023 at 20h49, by Africa Business+, updated 12/05/2023
CFAO Technology & Energy closes subsidiaries in Burkina, Mali, Niger, DRC… and restructures
The group is reviewing its positioning and focuses on its most promising markets. Details with Africa...
Large-scale distribution
13/01/2023 at 19h39, by Africa Business+, updated 14/01/2023
CFAO Retail Cameroon : Philippe Marcillon takes over from Luc Demez
Luc Demez has been the general manager of CFAO Retail in Cameroon since September 2015, on secondment...
Large-scale distribution
20/10/2022 at 16h40, by Africa Business+
CFAO Retail to invest €100 million in expansion plan, half in capital
Details from Africa Business+.
Automotive
05/10/2021 at 16h03, by Africa Business+, updated 06/10/2021
CFAO Automotive extends footprint in Mozambique
The project, which has been under discussion for a year, was finalised last week, allowing the group...
Automotive distribution
03/09/2021 at 16h40, by Africa Business+, updated 08/09/2021
CFAO Automotive reactivates company in Madagascar
The automotive group will reactivate two projects on the island, where it has been the official distributor...
News
06/07/2021 at 18h54, by Africa Business+, updated 07/07/2021
CFAO adds to TotalEnergies and Wordline equity in InTouch
The deal allows the Senegalese fintech that offers payment aggregation services to raise €9 million...
Any questions ? contact us
Please get in touch with the Africa Business+ team if you require any further information.
Email us : customer.care@africabusinessplus.com
Add AB+ to your home screen
1. Click on 
at the bottom of your screen.
2. Click on 
to add AB+ on the home screen.
3. Enter the name of the shortcut and confirm.