SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a global leader in bespoke transport solutions for underground mining, is accelerating its Strategy 2026 with two new exclusive cooperation agreements with CFH Group. The agreements aim to expand SMT Scharf's sales regions and product portfolio, positioning the company to meet growing demand for low-emission, high-quality transport solutions.
Under the terms, CFH Group will serve as the exclusive dealer for all SMT Scharf products in Kazakhstan through its subsidiary CFH Kazakhstan T.O.O. Conversely, SMT Scharf Africa (Pty.) Ltd. will act as the exclusive dealer for all CFH Group products in South Africa. This mutual arrangement is designed to strengthen local footprints, integrate product offerings, and leverage synergies within the Group.
The cooperation aligns with SMT Scharf's Strategy 2026, which focuses on optimizing global supply chain efficiency, diversifying the product portfolio—particularly in electromobility and intelligent transport solutions—and realizing synergies across locations. The company is also developing light electric vehicles (LEVs) and battery-powered monorails to address increasing demand for low-emission mining equipment.
“With the Strategy 2026, we aim to enable SMT Scharf to better serve the demand for low-emission, high-quality transport solutions in underground mining and tunnel logistics,” said Longjiao Wang, CEO of SMT Scharf AG. “Our exclusive cooperation with CFH Group for the Kazakh and South African market represents an important step in driving our expansion into relevant mining markets worldwide.”
While expanding into new regions, SMT Scharf continues to prioritize existing key markets such as China and Poland. The company is also exploring further expansion opportunities to strengthen its global presence. More details about the company and its strategy can be found online at www.smtscharf.com.
This announcement underscores SMT Scharf's commitment to adapting to market trends and customer needs, particularly in the realm of sustainable mining technologies. By integrating CFH Group's expertise in air technology and environmental solutions, SMT Scharf aims to offer comprehensive solutions that meet modern mining challenges.
