FPT Industrial partners with Egyptian firm to expand in MEA
CAIRO, February 20, 2019
Italy-based FPT Industrial, a leading manufacturer and seller of powertrains for industrial vehicles, said it is broadening its business in the Middle East and Africa (MEA) through a partnership with a new dealer in Egypt.
M Ahmed Daoud & Company, with its main office in Cairo, is now responsible for sales and services of engines for industrial applications, power generation, agriculture pumps and firefighting, said a company statement.
The dealer will also provide stock and sales of genuine FPT spare parts, it said.
FPT Industrial already has a strong presence in Morocco, Algeria, Tunisia, Democratic Republic of Congo, Angola and South Africa. The new partnership will expand the company’s position in the continent and unveil the potential of the Egyptian market, it added.
The partner was chosen because of its solid experience in the power generation segment, technical product expertise and after sales services efficiency.
For FPT Industrial, Egypt is a strategic country for its commercial operations in North Africa and in the Middle East, and the collaboration will bring valuable outcomes for its business.
The new dealer is well known and respected in Egypt, with a deep familiarity on how to offer the right solution for local customers.
In its headquarters in Cairo, M Ahmed Daoud & Company offers services for FPT Industrial engines, while its other location in 6th of October City oversees engines and FPT Industrial’s genuine spare parts sales, it stated. – TradeArabia News Service