Yanmar has a new distributor for its industrial engines in Egypt. The agreement was settled between Yanmar Europe (YEU) and Mohammed Ahmed Daoud for the Engineering and Industrial Investment (Daoud Group).
Daoud Group is the first distributor established by YEU after becoming officially responsible of MEA territory within the Yanmar Group in January 2018. “The new appointment coming so quickly shows how seriously we are taking on the new area responsibility here at YEU. We are working simultaneously on different markets to put in place a very strong network in the near future. This is only the beginning of a wider strategy,” said Emilio Tognetti, business development manager MEA at YEU.
Daoud Group has long experience in the industrial engine market. The Group has three manufacturing facilities, 15 showrooms and four branch offices across Egypt. Besides their local assembly of electric motors and water pumps, they have had a very strong position as a supplier of industrial engines for many decades. Since the mid-eighties, the firm has been marketing and selling diesel engines and has been active in the assembly of generating sets.
Yanmar has been active in Egypt for many years in the marine sector. Now, the company will further strengthen its position in this country with a dedicated distributor for the industrial engine sector. “Egypt is Africa’s second largest economy with a steady GDP growth of over 4% and huge development projects for the country led by the Government. We look forward to working with Daoud Group as a partner for Yanmar’s industrial engine portfolio in Egypt,” Tognetti said.
