Danube Home enters franchise agreement with Mauritius’ Hyvec Group

Danube Home International, Danube Group’s home interior décor brand, has reportedly signed a master franchise agreement with Mauritius-based Hyvec Group, to expand its presence across the Indian Ocean-located nation.

As per sources, Hyvec Group intends to launch three franchise stores in Mauritius over the next year, comprising a large-format showroom covering 50,000 square feet that will serve both residents and tourists. However, the first showroom is set to open this November.

For the uninitiated, Danube Home International’s expansion into Mauritius follows its recent expansion into Nepal and Bangladesh, making it one of the swiftly growing home décor businesses in the Middle East.

Group Managing Director of Danube Home, Adel Sajan, stated that this global expansion will boost the exports and re-exports of home décor products leading to economic growth in the UAE, further reinforcing strong economic relations between the UAE and Mauritius.

Ehsan Chady, Chairman of Hyvec Group, expressed pride in bringing the prestigious global name to Mauritius that will offer customers in the country a large collection and options of over 25000 different home furnishing products under one roof.

According to the Director of Danube Home E-Commerce and Franchise, Sayed Habib, the presence of Danube’s franchise in Mauritius will increase its brand visibility and create a brand image among international tourists.

Reportedly, through this partnership with Hyvec Group, a rising number of buyers will be served with a wide range of new and innovative space-saving home décor.

Danube Home is ranked among the top retailers in the Gulf Region, growing at an average of 25% per year since 2011, while expanding globally through organic growth, investment, and franchise partnership.

It is currently available across 12 countries, including the United Arab Emirates, Egypt, Qatar, Kuwait, Nigeria, Rwanda, Oman, Uganda, Bahrain, Nepal, Sudan, Nigeria, and India.

Source – Danube Home signs partnership with Hyvec to enter Mauritius (tradearabia.com)

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