A-Map posts 60pc growth in 2011
Dubai, March 15, 2012
A-Map, the region’s leading distributor of automotive spare parts, batteries and tyres, recorded 60 per cent growth in 2011 compared to 2010, with plans to consolidate further in 2012.
“Having previously only focused on passenger cars, there has been a great demand for products within the commercial vehicle industry from clients locally,” said Asad Badami, managing director of A-Map.
“We’ve brought on board local clients like Bilal Transport, Al Faris and Swaidan Trading, and we saw Commercial Vehicles Middle East as a prime opportunity to create relationships with regional and international companies,” he added.
Last year saw A-Map expand its logistical operations considerably within the UAE, with a branch office opening in Jebel Ali Free Zone along with increased warehousing facilities for smoother distribution to regional customers.
In 2012, A-Map plans to increase its domestic distribution network with plans to open a distribution facility in Abu Dhabi, it said in a statement.
Sustained growth is expected throughout 2012 in both revenue and manpower, with the company aiming to increase its annual turnover to Dh1 billion ($272.4 million) by 2015.
A-Map is the exclusive distributor of the Solite brand of batteries, and officially launched the range to commercial vehicles at CVME, as the only battery exhibitor on site.
“We forged significant relationships with many great local and international companies as a direct result of our participation at CVME. We expect to be able to bring on board as many as 10 to 15 new customers following the exhibition and carve out a significant share of the commercial vehicle market,” concluded Badami. – TradeArabia News Service