Formed on the 26th of December 1994, the company was originally called Fortschritt Holdings Ltd.   The company name was later changed in 2005 to Famalco Holdings Ltd since it was felt that the group required a distinctive yet simple name that was easily recalled and recognized by all stakeholders.  Famalco Holdings was created to exploit the various opportunities that exist in the core businesses that we operate in.  Through our young, creative and committed management, we constantly seek new terrain wherein we can develop our business further. 

Famalco Holdings Ltd. now operates within three core business being :-

      Fresh Fruit and Perishable commodity trading
     Shipping, overseas trucking and freight forwarding
     Automobile, commercial vehicles and equipment, motorcycle dealership

Through this diversification, we have been able to expand our activities, encounter new business opportunities, generate more cash flow, have more experienced management, and through a team work, target to higher achievements. To operate in a more competitive future, Famalco Holdings Ltd. is now consolidating and concentrating on it's vision and not only measuring it's past achievements.

Strategy for growth

Since we operate in a limited market, our management team decided that the most viable strategy for growth was horizontal and vertical diversification. After having laid solid foundations to our first company, namely Fruitland Company Limited, we invested heavily in the fruit business and in a few years we managed to become one of the major players within the trade.

Through the growth of our fruit business and considering the perishability of the product, our management team identified that operating our own haulage company would give us a competitive advantage.    Extensive research was conducted to evaluate the potential of the market.   Results indicated that in the long-term, this strategy would prove to be beneficial. 

 
Consequently, Fahrenheit Freight Forwarders Co. Ltd. was set up in 1995 to operate as overseas haulage contractors on the western European markets.  To compliment our overseas haulage service and freight forwarding, we invest in the acquisition of a local hauler and it’s respective operating license.   Since then another logistics division was created as “Fapi Logistics and Maritime Services” (FALOMAS) to serves as licensed local hauler, customs clearing agent, shipping and maritime services provider. Confident that we could develop our business further, our first vertical diversification was in the load handling equipment importation and distribution.   The niche market of forklift truck and pallet loaders trade served as an extremely constructive experience to penetrate the automotive market.    To further extend our brand portfolio, we expanded into the motor vehicle and motorcycle market.  Fapi Motors was thus formed in 1998.

Strong Principles

Since Famalco Holdings’ commencement more than a decade ago, our company has been grounded in strongly held principles.  Our plan for delivering superb products and services to our clients is built on our strengths:

1. Commitment Expertise

2. Business acumen

The group’s brand range is one of its biggest strengths, offering diverse products and services to attract different types of customers.

For Famalco Group customer service means taking a personal interest in the client, anticipating requirements, sharing ideas and promoting a spirit of teamwork.    The Group’s committed and capable workforce, represent the essence of Famalco Holdings Ltd.