Hotpack grows its foothold in Morocco

  • Date: 25-May-2022
  • Source: Zawya
  • Sector:Retail
  • Country:UAE
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Hotpack grows its foothold in Morocco

In a statement, Hotpack said the partnership will lead to an increased presence in the African countries and investment in manufacturing facilities in Morocco.

“Our increased foothold in Morocco is part of our strategic expansion focused on African countries. We have already established a firm presence in African regions, such as Nigeria, Ivory Coast and Morocco too. With our latest expansion plans in Morocco, we are gradually growing our presence in the African countries and expanding our reach into the Europe,” said Mr. Abdul Jebbar.

Mr. Jebbar added, “This partnership will help us penetrate the neighbouring countries and increase our retail market share there. It is also going to enhance our operations in North-West Africa and Ghana.”

The new company, Hotpack Global SA Morocco, earlier jointly owned by Hotpack Global UAE and Samaz Consulting Morocco, will now be able to offer the Moroccan market a wide range of quality packaging products across multiple outlets, as Best Financiers are owners of Carrefour Morocco, Label Vie, Atacadao, Burger King, Kiabi and Virgin Megastore, among others.

“The partnership between Best Financiers and Hotpack Global is a milestone development for the packaging market in Morocco and African countries in general, as it will set new benchmarks for health,