November 12th, 2015 – Comoli- Ferrari, a leader in the distribution of electrical equipment, is actively involved in Morocco as a supplier of major Italian companies, and now challenging its competitors thanks to its internationally-acknowledged expertise and technology. The company led by Giampaolo Ferrari, former President of the National Federation of Electrical Material Wholesale Distributors, signed in Casablanca a joint venture agreement with Axan, an important local production player. The operation required an initial investment of €1 million. In Casablanca, Comoli Ferrari will represent the reference point for the supply of electrical equipment and will also give assistance to companies in the construction sector, operating in the planning part. Morocco is experiencing an exponential growth in the building industry that has become the engine of the economy. The increase in international trade and particularly the growing dynamism of tourism have boosted demand for new infrastructure and housing. The prospects that open for Comoli-Ferrari are more than interesting, and the company should open in the next 5 years 8 new sales points bringing the total turnover to €20 million. (Red)
