CFAO reinforces its presence in Morocco
The CFAO Group announces that today it has entered into an agreement with Renault Maroc and Nissan Motor Co.ltd to acquire the company SIAB, an importer- distributor for Nissan on the Moroccan market....
This transaction allows the CFAO Group to strengthen its presence in the Kingdom of Morocco and to reinforce its positions on the segment of passenger vehicles.
« We are delighted to have signed this agreement under which we are going to pursue the development of the company valuing teams and investments dedicated to Nissan products.», has commented Bertrand Thiebaut, Deputy Managing Director for CFAO Automotive, the automotive distribution division at CFAO.
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