Danube Home signs franchise partnership with Hyvec Group to enter Mauritius market
Danube Home International, the global franchise division of interior décor and home improvement division of Danube Group, signed a master franchise agreement with Hyvec Group, a major business conglomerate based in Mauritius, to expand Danube Home in the Republic of Mauritius – a great tourism destination in the Indian Ocean.
Mauritius is an archipelago of islands around 900 kilometers east of Madagascar. The archipelago hosts 1.37 million people – mostly living in the 1,864 square kilometers main island.
Hyvec Group plans to open three franchise stores in the next one year – including a large-format showroom spreading across 50,000 square feet – that will not only cater to residents but tourists as well. The first showroom is expected to be opened in November this year.
“Our global expansion means we will export more home furnishing products to the rest of the world from the UAE that will not only boost UAE’s export and re-export but also help the UAE economy grow further,” Adel Sajan, Group Managing Director of Danube Home, says. “This will also further strengthen the economic relations between the UAE and Mauritius and we are proud to play a small role in this.’’
With more than 25,000 types of home furnishing products all under one roof, Danube Home is ranked among the top retailers in the Gulf Region, which has been growing at an average of 25 percent since 2011. It is expanding rapidly worldwide through organic growth, investment and franchise partnerships.
Danube Home is currently present across 12 countries including UAE, Oman, Egypt, Qatar, Kuwait, Bahrain, Rwanda, Uganda, Nepal, Sudan, Nigeria and India. The company is planning to open 8 showrooms across the globe – including two in India, one each in Abu Dhabi, Bangladesh, Uzbekistan, Pakistan, Zambia & Senegal in the next 6 months.
Hyvec Group is the franchise partner of renowned global brands in Mauritius, including Burger King, Armani, Gant, Tommy Hilfiger, Ralph Lauren, Calvin Klein and Mont Blanc, etc. The company has years of experience in managing franchise business of global brands.
Eshan Chady, Chairman of Hyvec Group, said, “Danube Home is another feather in our cap and we are proud to bring this prestigious global name to Mauritius – that will offer a wide choice in furnishing and home décor to our clients. Danube Home has a wide collection of products. We look forward to a very fruitful partnership with Danube Group to develop the brand in our country further.”
Sayed Habib, Director of Danube Home, Business Development, E-Commerce and Franchise, says, “Mauritius is an important market for Danube Home and its presence will help our brand visibility into not only a new territory, but due to the arrival of international tourists, our products and brand image will also expand to many other countries.
“Through our partnership with Hyvec Group, we plan to serve a growing number of consumers and give them a better value with new and innovative space-saving home décor that will give them more livable space.”
Danube Home has established itself as a leading retailer providing luxury at affordable prices. The company offers Free Interior Design services with its Design and Develop department. Danubehome.com, the fast and easy to navigate E-Commerce website is yet another feature that makes Danube Home stand out from the other furniture and furnishing retailers in the industry.
Danube Home International, ‘your partner in business and growth’, gives every aspiring entrepreneur, established organization or investor an opportunity to partner with a leading home retailer present across the Middle East, Africa, South Asia and CIS countries.
Danube Home has received many coveted awards like the Award for No.1 Furniture Retailer, Great Place to Work, Burj CEO Awards for the Fastest Growing Franchise in the region and many more.
With an ever-growing internal team, network of suppliers & partners, eyes set on the vision to dominate the home retail space, Danube Home is on its path to expand further and make premium quality home products accessible in affordable prices to customers globally. Says in press release source: biztoday
