Startups

Overview

PAL is GB Auto’s lubricants business, distributing Gazprom Neft Lubricants at GB Auto-branded and third-party points of presence in the Egyptian market under an exclusive strategic alliance with Gazprom Neft. The company announced in January 2014 that it entered into an exclusive strategic alliance to distribute Gazprom Neft Lubricants, giving GB Auto access to a 400-450 tons per year market that grows at an annual pace of 2-3%. The company aims to take the partnership to other regional markets, possibly incorporating other lines of business from Gazprom Neft’s downstream portfolio, following a successful rollout in Egypt at both GB Auto-branded and third-party points of sale.

GB Auto’s Retail arm operates retail after-sales outlets, known as 360, to distribute tires, tire parts, batteries, parts, and lubricants. These points of presence also offer services including tire installation, battery services, and the sale and injection of lubricants in select locations.

The company’s western-style pre-owned car operation, Fabrika, is now operational at all GB-owned points of presence in Egypt, with operations having started in 2014 and the market proving receptive.