n IMIESA - Boosting African penetration

Volume 41, Issue 1
  • ISSN : 0257-1978
  • Author
  • Source : IMIESA, Volume 41, Issue 1, Jan 2016, p. 72
  • Accreditation : Department of Higher Education and Training (DHET)



NORMAN SEYMORE, VICE-PRESIDENT of the Chryso Group globally, and CEO of the Southern African branch, says, in 2014, the Group set up a joint venture with its Algerian partner, Hydipco, to boost business development in Algeria. Hydipco has a strong local team and modern production facilities, which made the company an ideal subsidiary. Consequently, the Group acquired the Algerian company and formed Chryso Hydipco, which began operations under this banner a few months ago.

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