Eectrical equipment and services supplier Actom will take over a low-voltage product manufacturing facility in Kenya from existing technology partner Schneider Electric as part of Actom’s industrial expansion into East Africa.
CEO Mervyn Naidoo says the company is planning to establish industrial hubs in East, West and eventually North Africa, which will provide a platform for the broader portfolio of the company’s products and services in these regions.
Actom’s takeover facilitates the company’s plans to target the Tanzanian, Ugandan, Rwandan and Ethiopian markets. “We intend to use the industrial platform in Kenya to enter the East African market with our products and services. We want to expand to Kenya, where we will transfer intellectual property (IP) and, where economically feasible, set up manufacturing and establish our repair business there,” Naidoo says.