French Industrial Supplier Mabéo Expands in Morocco with New Tangier Subsidiary
Present in Morocco for two years, the French Mabéo Industries is expanding its activity in the country. It has just created a new unit in Tangier.
The main supplier of personal protective equipment, hygiene and safety equipment to the automotive manufacturer PSA and the number 3 French distributor for the industrial sector, the French Mabéo has just set up a second subsidiary in Morocco. Established in Tangier under the name Mabéo Industries International, the new entity targets industrialists based in the Tanger Med logistics free zone, especially the automotive cluster built around the manufacturer Renault, reports Challenge.
Having realized very early on the potential of the Moroccan market, Mabéo Industries also plans to rely on the expertise of its parent company, its knowledge of automotive markets, its purchasing capabilities and its expertise, in order to mobilize around twenty employees and a large client portfolio as early as 2022. For the record, the Mabéo Industries group has nearly 650 employees through 35 sales agencies and 4 logistics platforms. Its turnover amounts to 200 million euros, or more than two billion dirhams. The group is also part of the Martin Belaysoud Holding, which combines four subsidiaries with a turnover of around 720 million euros, or nearly 8 billion dirhams.
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