CMC Motors Group

Nairobi, Kenya Founded: 1948 • Age: 78 yrs Acquired By Al-Futtaim
Motor vehicle repair services are provided in Nairobi.
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About CMC Motors Group

CMC Motors Group is a company based in Nairobi (Kenya) founded in 1948 was acquired by Al-Futtaim in February 2014.. CMC Motors Group operates in a competitive market with competitors including MCarFix, Ur-Drive, Carhoot, FECA Autocare and Midas Auto Services Centre, among others.

  • Headquarter Nairobi, Kenya
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Transportation, Automotive & Logistics → Automotive Retail, Aftermarket & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Al-Futtaim

    (Feb 17, 2014)

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Funding Insights of CMC Motors Group

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in CMC Motors Group

CMC Motors Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Al-Futtaim. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Multiple real estate strategies are pursued by Al-Futtaim.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by CMC Motors Group

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CMC Motors Group

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cmc Motors Group Comparisons

Employees
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Competitors of CMC Motors Group

CMC Motors Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MCarFix, Ur-Drive, Carhoot, FECA Autocare and Midas Auto Services Centre, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
App for finding auto parts, mechanics, garages, and vehicle diagnostics services.
domain founded_year HQ Location
Operates an app-based aggregator for on-site auto repair and maintenance services.
domain founded_year HQ Location
Online platform for selling, buying, and importing cars in Kenya.
domain founded_year HQ Location
Offers expert maintenance for German and hybrid vehicles with diagnostics and repairs.
domain founded_year HQ Location
Provides comprehensive auto repair services for vehicles.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cmc Motors Group

Mazda launches 3 new models in the Kenyan market
Africabusinesscommunities6 years ago
Cooper Motor Corporation launches new car
Independent7 years ago

Frequently Asked Questions about CMC Motors Group

When was CMC Motors Group founded?

CMC Motors Group was founded in 1948.

Where is CMC Motors Group located?

CMC Motors Group is headquartered in Nairobi, Kenya.

What does CMC Motors Group do?

CMC Motors Group was established in 1948 and operates from Nairobi, Kenya, within the automotive sector. Repair services for vehicles are delivered, focusing on maintenance and related operations. The company is led by Managing Director Solomon Macharia. Its online presence is maintained through the domain cmcmotors.com, facilitating service access in the local region.

Who are the top competitors of CMC Motors Group?

CMC Motors Group's top competitors include MCarFix, Ur-Drive and Carhoot.

Who are CMC Motors Group's investors?

CMC Motors Group has 1 investor. Key investors include Al-Futtaim.

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