Finance

German Electronics Manufacturer begins operations in Nigeria

German Electronics Manufacturer begins operations in Nigeria

LAGOS  – A German consumer electronics manufacturer, Loewe, has launched its first set of products in the Nigerian market amid its planned growth into the broader West-African region. 

Omodunke Adelakun, the Chief Executive Officer, Loewe Technologies Nigeria Limited, announced during the product launch in Lagos that the firm had selected Lagos-based Courtleigh Investment Limited as its official and exclusive distributor for the Loewe brand in Nigeria and West African countries. 

Read:  Access Bank partners Konga on free deliveries

She said: “Since its establishment, the company has been shaping the industry with its iconic products and technical innovations and has received numerous awards for its elegant designs and superior performance. 

“It may interest you to know that Loewe are the pioneers of television production in the world. Courtleigh Investment Limited is a leading player in the Nigerian luxury and premium audio/visual market with a retail store for exclusive customer in-store experience, products purchases and reliable after-sales service. Courtleigh has developed the retail part of the business through a customer experience Loewe Gallery under the registered name of Loewe Technology Nigeria Limited.” 

Read:  UBA appoints Anyanwu to the board

According to her, Loewe is committed to sourcing for first-class materials, high-quality craftsmanship and a unique and timeless design. 

“Loewe develops its products at its German headquarters and has its own production facilities with automated production line and a handmade fabrication for OLED devices entirely made in Germany,” Adelakun said. 

Read:  Bank deposits rose by N6.95tn in one year – CBN

Adelakun told our correspondent that the company intends to expand into Ghana, Cote D’Ivoire among other West-African countries and is currently in negotiations with multiple distributors to move into Abuja and other Nigerian states. 

Independent

Related posts

Analysts foresee lower inflation in 2023

NigGal

Allianz Appoints more Women as Board Members

NigGal

FY 2021: Unity Bank assets hit N538.87bn

NigGal

Free trade zones to list on capital market, NEPZA assures

NigGal

CBN revokes licence of Heritage Bank

NigGal

Banks deposits rise by 24% to N42tn

NigGal

Leave a Comment