Fermator and LD Azouaou have formalized a strategic cooperation agreement aimed at strengthening their positioning and increasing market share in Algeria.

The agreement comes at a key moment, aligned with the new government housing plan in Algeria, which foresees a significant expansion in housing construction and an estimated demand of up to 75,000 elevators from 2027 to 2037.

Against this backdrop of strong residential growth, the partnership enables both companies to join forces and capture the opportunities emerging in the market.

Fermator brings its global expertise, industrial capabilities, and specialization in automatic elevator door solutions. LD Azouaou contributes its deep local market knowledge and established commercial network in Algeria, enabling a faster and more efficient market approach.

The collaboration is focused on large-scale residential projects, aiming to strengthen both companies’ presence, enhance responsiveness, and ensure the highest standards of quality, safety, and reliability.

With this agreement, Fermator continues to advance its international expansion strategy in high-potential markets, reinforcing its position as a trusted partner in the elevator industry.