Dubai’s Danube Group plans expansion into African markets
Danube Group is looking for franchise partners in African countries like Ethiopia, Kenya, and Nigeria
Danube Group has announced that it is looking for franchise partners in African countries like Ethiopia, Kenya, and Nigeria.
The Dubai-headquartered building materials company said that while it is already selling in those markets, it sees franchising as a viable option to strengthen its presence in Africa.
Anis Sajan, managing director of Danube, told Construction Week: “We are targeting the African market. We already have a franchise partner in Tanzania, so now we are looking for similar partners in the other African countries.”
Danube was among the exhibitors at the Big 5 2017, where it highlighted products like water purifiers and water heaters from its Milano brand.
“We have five divisions under Milano: sanitary ware, tiles, electrical products, hardware – construction hardware, as well as furniture fittings – and the water purifier,” explained Sajan, noting that the brand’s year-to-date performance has recorded a 30% increase compared to 2016.
“Last year, it was 20% increase [compared to 2015]. Next year, we are aiming to maintain our growth rate at 30%,” he said.
Commenting on the company's participation at the event, Sajan added: “We have been part of the Big 5 for years now, and it has been an extremely good experience for us. The Big 5 is an annual meeting place for the international building and construction community in the UAE. It’s a platform for like-minded people from all over the world.”