Boulos Enterprises Limited announces its strategic disjunction from Piaggio India

Boulos Enterprises Limited today announced that during the coming weeks it would wind down and finally cease its representation of Piaggio India in Nigeria, supplementing instead the production and introduction of a move into 4 wheeler vehicles designed specifically for the emerging corporate passenger and commercial Nigerian vehicle market.

Boulos Enterprises Ltd., who have been responsible for successfully establishing Piaggio in Nigeria over the past 6 years, Has chosen to move away from tricycle passenger carrying vehicles, as it does not see a long term future in this mode of transport within Nigeria. Further BEL, who has been the only tricycle importer to assemble from full CKD, will commence assembly of a soon to be announced 4 wheeler from SKD form in support of the Nigerian Automotive Policy.

BEL is also the only importer who fabricates a range of cargo bodies, custom built for individual corporate customer requirements, thereby adding local content in support of the new Government’s policies. BEL will continue to support their corporate customers with tailor made transport solutions.

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During the time that BEL has represented Piaggio in Nigeria they have trained and accredited in excess of 800 mechanics throughout the country and have created and trained an entire assembly and fabrication team in Lagos. BEL has supplied genuine Piaggio spare parts to its network of appointed spare parts dealers across Nigeria through at least 8 individual van deliveries each month and they have provided a 24/7 technical help line and breakdown service.

 

Further information on BOULOS:

 

Boulos Enterprises Limited (BEL) was incorporated in 1964 by the Boulos brothers Anthony and Gabriel Boulos. The main focus of their business initially, was trading and incorporation of general merchandise including some brands of motorcycles from Western Europe. After a few years, they concentrated on the importation of the “Suzuki” brand of motorcycles and outboard motors from Japan and since then it remained a leading motorcycle and outboard motors distribution and assembly company in Nigeria.
The continued growth in Suzuki motorcycle business stimulated the company to establish the first assembly plant in the country at Oregun, Ikeja Nigeria in 1969  existing till date to assembly motorcycles from Completely Knocked Down (CKD) to Fully built up ( FBU) by Nigerian staff. It is worthy to note this was implemented at the initiative of the company as all other competitors in the country were still importing fully built up motorcycles.
The ban of fully built motorcycles gave the company the impetus to embark on a manufacturing/assembly plant. Considering the bright future of automobile business in Nigeria and the level of technology, the company embarked on the construction of a phased integrated motorcycles manufacturing complex located at its present 25 acre plot at Ogba Industrial Scheme Ikeja. The present integrated plant has an installed capacity of 150,000 units for motorcycles assembling per annum on a single 8-hours shift per working day.
The motorcycle and tri-cycle plant assembling facilities has an independent service utilities backed up system.

 

For further information please contact:

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Boulos Enterprises - Lagos
Plot 10, Block D, ACME Road.

241 Lagos | Nigeria

Tel: 01-4602202
Mobile: 08182433889

 

Boulos Group of Companies

 

Plot 10, Block D, Acme Road,
Ogba Industrial Scheme, Lagos.

 

contact@groupboulos.com

 

 

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