Eurl LD Azouaou
Engaged in the business of tractor assembly and distribution.
| Date | Investors | Amount | Round |
|---|---|---|---|
| $150k Valuation: $2.1m | Early VC | |
| Total Funding | 000k | ||
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Eurl LD Azouaou operates as a key player in the Algerian agricultural machinery sector, with a strategic focus on manufacturing and distribution. Established in 2009, the company initially provided goods and services for agricultural machinery. A significant milestone was achieved in 2010 when it became the official representative for the Indian tractor manufacturer Mahindra & Mahindra in the Algerian market. The company is managed by Mr. Azouaou Nekmouche.
Headquartered in Tizi Ouzou, Algeria, the company's business model evolved from distribution to local manufacturing. In 2014, LD Azouaou embarked on a major investment project to establish a mechanical industry for agricultural machinery, constructing facilities compliant with international standards. This industrial unit includes an assembly and mounting chain for Mahindra & Mahindra tractors, with a production capacity of 3,000 units per year, targeting both the national market and export. Further diversifying its operations, LD Azouaou established a subcontracting unit, LD Industry, to produce precision parts, components, and accessories for various industrial enterprises, including sheet metal work, laser cutting, welding, and surface treatment. This vertical integration aims to support the local manufacturing of a fully Algerian tractor and supply other domestic economic operators.
The company serves the agricultural sector by providing tractors and related equipment, and also functions as a B2B supplier to other industrial manufacturers, such as providing components to Fiat's assembly plant and metal frames for Cevital. Revenue is generated through the sale and distribution of agricultural machinery and the provision of subcontracted industrial manufacturing services. In March 2020, Mahindra & Mahindra acquired a 5% stake in the company for approximately $150,000, a move intended to strengthen its presence in the Algerian agricultural market.
Keywords: agricultural machinery, tractor manufacturing, Algerian industrial sector, Mahindra & Mahindra partner, mechanical subcontracting, automotive components supplier, steel processing, industrial fabrication, agricultural equipment distribution, Tizi Ouzou industry, import-export machinery, metal works, B2B manufacturing, farm equipment, industrial parts, laser cutting services, welding services, surface treatment, local production, sheet metal fabrication