Industrial gas equipment manufacturer Cavagna Group (Cavagna) yesterday (12th January) announced the opening of a Subsidiary in South Africa, in line with its growth agenda of expanding the existing customer base into the South African Development Community (SADC) regions.
Based in Johannesburg, the main office of Cavagna Group South Africa (CGSA) will offer services across industrial gases, medical gases, natural gas regulation, and metering and engineering services.
In addition to promoting its recently acquired REPco Milano business, CGSA will provide finished products and spare parts through its Johannesburg distribution centre and industrial areas in Cape Town.
The company intends to take advantage of the SADC region’s strong economy ($738m GDP) and South Africa’s developed status to boost trade opportunities and contribute to the growth of the country’s gas potential.
Commenting on the expansion, Rino Cavagna, Executive Vice President of Sales, Cavagna Group, said, “Africa is an important continent for the Group and it is important that we have a local presence.”
“This new Cavagna Group subsidiary gives us the added value of a strategically placed hub with an efficient and local team to support the SADC region.”
The importance of establishing a hub in South Africa is emphasised by the country’s anticipated population growth, urbanisation and the development of a wealthier middle class.
Experienced Oil & Gas business manager Godfrey Rajool will take charge of the business unit located in Johannesburg’s Hyde Park district.