New Key Distribution Agreements for Millchem

RNS Number : 8742H

Cambria Africa PLC

23 May 2014

 



Cambria Africa Plc

("Cambria" or the "Company")

23 May 2014

Multiple new distribution agreements for Cambria investment Millchem Holdings

Cambria Africa plc, the Southern Africa focussed investment company, announces progress in one of its core subsidiaries, Millchem, which has received several key regional supply and distribution agreements. These agreements mark significant further progress for Millchem, the first accredited "Responsible Distribution" * company in Africa, which recently made its entries into Zambia and Malawi. 

Cambria is pleased to confirm that Millchem is now:

·    Distributor for Sealed Air Corporation in Malawi for its well-known Diversey Care range of sustainable cleaning, sanitation and hygiene solutions.  Sealed Air Corporation is the global leader in food safety and security, facilities hygiene, and product protection.

·    Exclusive distributor for MEKZ Limited in Zimbabwe, Zambia, Malawi, Namibia and Botswana. London based chemicals trader MEKZ Limited specialises in supply to Africa and has built up a leading position in the paints and coatings market in a large number of countries. As a result, Millchem will now be exclusively bringing products such as Crystal Titanium Dioxide, Shin-Etsu Tylose and Eagle Alkyds into these Southern African countries.

·     Exclusive distributor for Centlube in Zimbabwe, Zambia and Malawi.  Centlube is the exclusive South African manufacturer and distributor of a diverse range of oil and lubricating wares of ENI/AGIP products in South Africa authorised by ENI SpA.  The main target market for Millchem for AGIP lubricants are heavy equipment and the mining industry.

·    Exclusive distributor for Donau Carbon Corporation in Southern Africa.  Donau Carbon Corporation is one of the global leaders in the activated carbon business, an environmentally friendly and recyclable product with applications in many different industries, including mining and industrial cleaning.

Edzo Wisman, CEO of Cambria, said:

"I am pleased Cambria can announce several key distribution agreements for Millchem, in line with our strategy to grow the scale, scope and regional presence of our investments. 

"As a prime example of how Millchem adds value to suppliers as well as customers, it is noteworthy that Millchem's role between Sealed Air and The Carlsberg Group, the first customer signed on in Malawi for these products, will significantly reduce the complexity of Carlsberg's supply chain, shortening their lead time from several weeks to 48 hours.

"Following these achievements for our Millchem business, the team at Cambria continues to identify further opportunities to open our portfolio of business up to their regional growth opportunities."

* Millchem holds the unique position in Africa of being both FECC and NADC Accredited.

Contacts
Cambria Africa Plc	www.cambriaafrica.com
Ian Perkins	[phone]
Edzo Wisman	[phone]
WH Ireland Limited	www.wh-ireland.co.uk
James Joyce / Nick Field	[phone]
Peterhouse Corporate Finance Limited	www.pcorpfin.com
Charles Goodfellow / Duncan Vasey	[phone]
FTI Consulting	www.fticonsulting.com
Edward Westropp / Adam Cubbage	[phone]

About Cambria Africa Plc
Cambria Africa Plc, quoted on the AIM market of the London Stock Exchange, is a long term, active investment company, building a portfolio of investments primarily in Southern Africa.

For further information please visit the Company's website: www.cambriaafrica.com 

 

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