Mikano, Schneider sign MoU to boost distribution

To engender effective business synergy, Mikano International Limited and Schneider Electric have signed a Memorandum of Understanding which enables both companies to leverage on their respective areas of strength for their mutual benefits.

It will also enable a stronger and broader diversification in energy and automation management.

Under the terms of the agreement, Mikano will sell and distribute the full complement of Schneider Electric’s world class low voltage electrical distribution solutions, using its extensive geographical spread across Nigeria. The low voltage products consist of transformers, medium voltage circuit breakers, distribution boards among others.

The agreement will also enable Mikano grow its business portfolio and benefit from Schneider Electric’s products and solutions, especially for its own needs in generator control panels and systems.

The signing ceremony, which was done in Lagos by Chairman/Chief Executive Officer, Mikano International Limited, Mofid Karameh and Country President, Schneider Electric,  Marcel Hochet, was also witnessed by officials of both organisations, as well as the Consul General of France, Francois Sastourne.

According to Christian Farine, managing director, Mikano International Limited, , the product range will fit the full market requirements in basic and in advanced features for low voltage products, as well as a full range in medium voltage products.

“These products will be added to the already existing quality products distributed by Mikano, who will ensure availability of Schneider Electric products across the country through our different branches in Lagos, Port Harcourt, Abuja and Kano. Mikano sales team will be available to provide technical support for all questions related to the Schneider Electric products”, he said.

OLUSEGUN ABISOYE