Mobius Motors secures a 100% acquisition deal days after announcing its shutdown
- Mobius Motors has accepted an acquisition offer from an undisclosed buyer.
- The transaction is expected to be completed within 30 days.
- Rival dealers and the Kenya Association of Manufacturers have shown interest in acquiring Mobius.
The acquisition offer for Mobius Motors presents a positive opportunity for the company's future. The interest shown by rival dealers and the Kenya Association of Manufacturers indicates the potential for a successful acquisition. The growing focus on electric vehicles in Kenya also presents a promising market for Mobius and other manufacturers.
