Michelin and one of the leading Egyptian tyre distributor, El Malek Faisal Co for Tires & Batteries (a company of the Ghataty Group), has signed an agreement to sell MICHELIN brand of tyres in Egypt. This partnership will see Michelin expand its footprint in the country catering across business segments including PC, SUV, Light truck and Truck and bus.
 
Commenting on the partnership, Mr. Marc Pasquet, President, MICHELIN Africa, India and Middle East (AIM) Region said, “This partnership is an important step to further strengthen our presence in the Middle East and North Africa region. We are pleased to partner with Ghataty Group, one of leading multi-brand retail chains in the country.  This partnership reinforces our commitment to the Egyptian market and emphasizes our confidence in a country that is characterized by strong dynamism and opportunities for growth.”
 
Michelin’s agreement with Ghataty Group is a major partnership with a tyre distributor In Egypt. Among other distribution networks, for the last 40 years, MICHELIN has also been working with Tamco Trading and Distribution and will continue to do so in parallel with Ghataty Group.
 
Mr Mamdouh Ghataty Chairman of Ghataty Group said “Tyre business has been my passion from the very start of my career. It is a dream and honour to partner with Michelin, and provide our customers with the safest, most exceptional tyre in the market. On behalf of the whole Ghataty team, we are honored to be able to provide, a better way forward“.
 
Michelin will leverage Mamdouh Mabrouk Groups leadership position in the tire and battery market in Egypt, in both the retail and wholesale market. Customers in Egypt now will have an additional option of buying MICHELIN branded tyres from one of the biggest multi-brand retail chains, with 40+   current points of sale Ghataty group