At the General Assembly in Munich, FEGIME members unanimously voted to enter the REDELEC Group Argentina S.A. as a member as of 01.01.2019. But the ambition of this new member does not stop here, in the near future it intends to expand, not only national but also internationally, in the South American continent.
To accommodate this situation, the new organization name will be FAGIME LATAM. Through the addition of Latin America, the number of FEGIME organizations will increase to 19.
Redelec was founded in 2001 and has since established itself as the largest group in Argentina with a market share of around 35%. At present it consists of 15 wholesalers with a total of 30 points of sale and 1,000 employees. Actively present in all areas of activity of our sector, already makes a substantial turnover with FEGIME Preferred Suppliers.
The contact between the groups began 15 years ago when founding members of Redelec visited Fegime members in Spain to exchange ideas and good practices among themselves. The result was a group with very similar vision, philosophy and mission - a solid foundation for joint work that had already been reinforced by the Cooperation Agreement in October 2016. Pablo Balán, Vice-President of Redelec, said: "I am delighted we are already in the process of establishing partnerships with wholesalers from Uruguay, Bolivia and Peru who share the same ideas and who we hope will join together to FEGIME LATAM, so we will all win by sharing ideas and good practices at FEGIME. "
Nikos Kafkas, President of FEGIME, added: "Our Argentine colleagues are a very close, motivated and dynamic group. I look forward to working with them in the future and learning more about their many projects. We have much to offer each other and we will benefit from this new alliance. Just like our suppliers, of course. We are opening a new continent for them. "
Source: Fegime Europe