Danube Home signs a partnership with Hyvec to enter Mauritius

0

Danube Home International, the global interior design and renovation franchise division of Danube Group, has signed a Master Franchise Agreement with Hyvec Group, a major group of companies based in Mauritius, to expand Danube Home in Mauritius.

Hyvec Group plans to open three franchise stores over the next year in Mauritius – including a large-format showroom spanning 50,000 square feet – which will cater not only to residents but also tourists. The first showroom is expected to open in November this year.

Danube Home International’s expansion into Mauritius comes months after its foray into Nepal and Bangladesh, making it one of the fastest growing home decor companies in the Middle East.

“Our global expansion means that we will be exporting more home decor products to the rest of the world from the UAE, which will not only boost the UAE’s export and re-export, but also help the UAE economy grow further” , Adel Sajan, Group Managing Director of Danube House, said. “It will also strengthen economic relations between the UAE and Mauritius and we are proud to play a small role in this regard.

“It also demonstrates our group’s ability to grow at a very difficult time when global economic growth forecasts are accompanied by inflationary pressures. However, we learned to turn challenges into opportunities and continued our growth journey in a difficult environment.

“Our partnership with Hyvec and our expansion into Mauritius will help provide greater choice for consumers in the Indian Ocean island nation and we look forward to a fruitful collaboration,” he said.

With more than 25,000 types of home decor and furniture products under one roof, Danube Home is ranked among the top retailers in the Gulf region, which has grown by an average of 25% since 2011. It is growing rapidly around the world through organic farming. growth, investment and through a franchise partnership.

Danube Home is currently present in 12 countries, including the United Arab Emirates, Oman, Egypt, Qatar, Kuwait, Bahrain, Rwanda, Uganda, Nepal, Sudan, Nigeria and India. The company plans to open eight showrooms around the world, including two in India, one in Abu Dhabi, Bangladesh, Uzbekistan, Pakistan, Zambia and Senegal.

It has six stores in the United Arab Emirates, seven in Oman, three in Rwanda, one in Bahrain, Qatar, India and Uganda.

Hyvec Group is the franchise partner of renowned global brands in Mauritius including Burger King, Armani, Gant, Tommy Hilfigar, Ralph Lauren, Kelvin Klein and Mont Blanc, etc. The company has years of experience in managing the franchise business of global brands.

Ehsan Chady, Chairman of Hyvec Group, said: “Danube Home is another feather in our cap and we are proud to bring this prestigious global name to Mauritius – which will offer a wide choice of furnishings and interior design to our customers. Danube Home offers a large collection of products to the extent of 25,000 product types – which provides customers with the widest choice in the home furnishing and interior design sector.

“Our consumers will be delighted to find all types of interior design products under one roof in Mauritius. We have a solid growth plan for Danube Home in Mauritius. We look forward to a very successful partnership with Danube Group to further develop the brand in our country.

Danube Home, the retail wing of the Danube Group, is a “one-stop solution” for all home furnishing and improvement needs. Danube Group, founded by visionary entrepreneur Rizwan Sajan in 1993, has now grown into one of the largest building materials companies in the Middle East.

Sayed Habib, Director of Danube Home E-Commerce and Franchise, said: “Mauritius is an important market for Danube Home and its presence will help our brand to be visible not only in a new territory, but due to the arrival of tourists. international markets, our products and brand image will also extend to many other countries.

“Through our partnership with Hyvec Group, we plan to serve a growing number of consumers and offer them better value with innovative new space-saving decor that will give them more living space per square foot.” – TradeArabia Press Office

Share.

Comments are closed.