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Logistics service provider Agility has announced that it has been awarded a contract to provide warehousing services to Universal, a home appliance provider in Egypt
As part of the five-year contract, Agility will manage the storage of various components for microwaves, washing machines, refrigerators and several other home appliances in its warehouse in October City, a satellite city that is part of Cairo, Egypt. The estimated value of the contract has been placed at US$9.7mn.
Agility Egypt CEO Ahmed Aly said, “Agility’s warehousing and distribution capabilities are the driving force behind our successful supply chain solutions in Egypt.
“We are pleased to be utilising our expertise for Universal, with the extensive range of products they offer in the Egyptian markets. We look forward to partnering with them as they continue to expand their business.”
Universal supply chain director Sameh Abu El Yazid said, “We are excited to be working with a global company like Agility. With Agility’s expertise in warehousing, we will benefit from efficient operations that will help us achieve our ambitious and sustainable plans for growth.”