Floyd and FAMCO executives celebrate the first anniversary of Al-Rehab acquisition
Paul Floyd, managing director of FAMCO (Al-Futtaim Auto & Machinery Co), says that “aspirational development” over the past 12 months has helped the company go from strength to strength since it acquired Saudi Arabian dealer Al-Rehab.
Speaking during a visit to mark the one year anniversary of the purchase, Floyd said that the company is now in position to grow the operation on the back of continuing infrastructure investment in the Kingdom.
“The company’s performance in the last 12 months has grown from strength to strength across the country and in line with the region’s sustained economic growth,” he said. “Saudi Arabia’s aspirational development plans across many key sectors of economic activity are driving our business in the Kingdom and fuelling our expansion plans across and beyond our current five locations.”
He added: “Our mutli-award winning range of top quality machinery and equipment brands are made for the tough conditions and demanding landscape and climate of Saudi Arabia and are already the preferred partners for a large number of industry players.”