Elloumi Group: Cofat’s plan to multiply Stellantis and Volkswagen contracts

Elloumi Group: Cofat’s plan to multiply Stellantis and Volkswagen contracts

The Tunisian group Elloumi is taking advantage of the recovery of the global automotive market. Cofat, the group’s vehicle wiring harness company, will build a third factory in Tunisia to be operational in the last quarter of 2023.

Someone shares this article with you
            ▪ Elloumi Group: Cofat’s plan to multiply Stellantis and Volkswagen contracts

▪ The Tunisian group Elloumi is taking advantage of the recovery of the global automotive market. Cofat, the group’s vehicle wiring harness company, will build a third factory in Tunisia to be operational in the last quarter of 2023.

https://www.africabusinessplus.com/en/815399/elloumi-group-cofats-plan-to-multiply-stellantis-and-volkswagen-contracts/

The investment of 30 million dinars (€9 million) is at a site in Kairouan, 160 km south of Tunis. It will employ 2,000 people in manufacturing electric harnesses (motors, cockpits, chassis, navigation systems, ABS, etc.) to equip the internal combustion and electric vehicles of Cofat‘s European customers, such as the Stellantis (Peugeot, Citroën, Opel, Fiat, Chrysler) and Volkswagen (including, Audi, Seat) groups.

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

Bank

15/02/2022 at 16h27, by Africa Business+, updated 16/02/2022

Elloumi’s new sphere of activity in the wake of BTK takeover

With the acquisition of 60% of the Tunisian-Kuwaiti Bank from the French financial institution BPCE,...

Bank

27/09/2021 at 17h49, by Africa Business+, updated 28/09/2021

New top executives at BTK after takeover by Elloumi family

The establishment, which has just left the BPCE group, will be managed by the former ceo of Banque Tuniso-Lybienne...

Bank

13/09/2021 at 15h48, by Africa Business+, updated 14/09/2021

On the Benefits of the Elloumi group takeover of BTK

The Elloumi group has taken over 60% of the Tunisian-Kuwaiti Mixed Bank (BTK) from the French Banque...

Bank

17/12/2020 at 17h59, by Africa Business+

Elloumi Group sets sights on BPCE’s BTK bank

The influential Elloumi family (active in manufacturing, agri-food, real estate and financial consulting,...

Agri-food industry

16/07/2020 at 15h31, by Africa Business+

Elloumi Group: family first

More than ever, the Elloumi group is relying on its almost exclusively family-run management to weather...

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.