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AfricaMoney | August 22, 2017

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Dölberg Asset Finance signs 200 million rand agreement with Inno Vent

Dölberg Asset Finance signs 200 million rand agreement with Inno Vent

Kamil Patel, Chief Executive Officer of Dölberg Asset Finance (left) and Shane Merriman, Managing Director of InnoVent shake hands on the deal (Image: Company)

An agreement worth 200 million Rand (around Rs 556.17 million) was recently signed between Mauritius-based leasing finance major Dölberg Asset Finance, and rental and asset management solutions firm Inno Vent.

In the same vein, Dölberg Asset Finance also signed an accompanying contract with South African medical devices major Amayeza Abantu Biomedical for the financing of its medical devices in the Sub-Saharan region.

Present in Mauritius since 2010, Dölberg Asset Finance proposes equipment financing solutions, customized for mid-sized and large companies.

The financing facilities offered by Dölberg Asset Finance serve as a reliable productivity enhancement solution for large companies not only in Mauritius but also in the region.

“We are convinced that, due to its expertise in management and in business, Dölberg Asset Finance is a partner of substance in the medical equipment market. This agreement will also better help us respond to market needs”, said Shane Merriman, Managing Director, Inno Vent.

For his part, Kamil Patel, the CEO of Dölberg, expressed his delight over the agreement with Inno Vent as it allows them to exploit more opportunities in the African continent.

“It will also allow Dölberg to further demonstrate its expertise in terms of solutions for the financing of assets in the region,” he said.

Already present in Africa, in particular South Africa, Namibia and Botsawna, Dölberg Asset Finance is strengthening its network further on the back of its agreement with Inno Vent.

Coming to the agreement with Amayeza Abantu Biomedical, this contract win allows it to demonstrate its expertise in the medical domain.

The Amayeza Abantu Biomedical firm, established in Pretoria in 1998, took on the world renowned St Jude Medical distributorship for the marketing and sale of its cardiology product range in South Africa since 2000.

According to Patrick Godard, the CEO of Amayeza Abantu Biomedical, “There is a real potential for medical financing in South Africa. We think that the strategy of Dölberg, which is to establish networks with suppliers or partners such as Amayeza Abantu Biomedical, allows the doctors to win hands down as they can access the most modern and proven equipment”.

Company Profile

Dölberg Asset Finance
Dölberg Asset Finance Limited is a foreign owned Mauritius-based asset finance and leasing company, forming part of the Dölberg Group.
Established in Mauritius since 2010, Dölberg Asset Finance proposes equipment financing solutions, customized for mid-sized and large companies.
The leasing company supplies a complete range of renting solutions at very competitive rates, by proposing new approaches involving a mixture of assets and techniques for financing of equipment purchases.
Dölberg Asset Finance is present in seven countries, namely South Africa, Botswana and Namibia.
Source: Company

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