Grolman and Hob Trade start joint venture

As Grolman recently announced, the company and Hob Trade from Egypt have started the joint venture Grolman Egypt LLC.

The former MTI team at the Detmold site is supposed to continue MTI's future business under new management. Image source: Quelle geralt -  Pixabay (symbol image).

In August 2021, Grolman Group and Ihab Hassan, the owner of Hob Trade, have established Grolman Egypt LLC. All employees, activities and inventories of Hob Trade are in the process of being acquired by Grolman Egypt LLC and Hob Trade will fade out once Grolman Egypt will get all the authorisations to be fully operational.

Florian Grolman, managing director of Grolman, stated: “I am excited to start our joint venture in Egypt. With their skills, their expertise and their hearts the entire Egyptian team fit so very well to Grolman, our values and the way we think as a family business. A warm welcome to our team!”

Distribution activities started in 2005

Hob Trade is located in Giza and is the exclusive Agent/Distributor of Orion in Egypt. The owner of Hob Trade, Ihab Hassan, started distribution activities in Egypt in 2005 and developed a well-established distribution network serving the plastics, coatings & inks, food and feed industries.

The Grolman Group operates an international specialty chemical ingredients distribution business. It is composed of individual local sales offices based in all European countries, Turkey, Maghreb, India and China, each supported by technically trained sales staff, customer service teams and local warehousing.

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