SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), a global leader in bespoke transport solutions and logistics systems for underground mining, is advancing its Strategy 2026 by entering into exclusive cooperation agreements with the CFH Group for the Kazakhstan and South Africa markets. The move underscores the company's commitment to expanding its sales regions and diversifying its product portfolio to meet increasing demand for low-emission transport solutions in the mining and tunneling industries.
Under the agreement, CFH Group will serve as an exclusive dealer for all SMT Scharf Group products in Kazakhstan via CFT Kazakhstan T.O.O., while SMT Scharf will act as an exclusive dealer for CFH Group products in South Africa through its subsidiary SMT Scharf Africa (Pty.) Ltd. CFH Group is a globally active provider of air technology and environmental solutions for mining and tunneling. The partnership aims to strengthen local footprints, integrate products across the Group, and leverage synergies to enhance operational efficiency.
This development is part of SMT Scharf's broader Strategy 2026, which focuses on optimizing global supply chain efficiency, integrating Group locations, and diversifying the product portfolio in electromobility and intelligent transport solutions. The company has been developing light electric vehicles (LEVs) and battery-powered monorails to address low-emission demand. Additionally, structural changes within the Group are being implemented to improve efficiency and realize synergies.
Longjiao Wang, CEO of SMT Scharf AG, stated, “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 in the future. Our cooperation with two Chinese suppliers in the field of LEVs strengthens the strategic development of our portfolio. The exclusive cooperation now established with CFH Group for the Kazakh and South African market represents an important step in driving our expansion into relevant mining markets worldwide.”
Existing key markets such as China and Poland remain central to SMT Scharf's operations, and the company continues to explore opportunities for expansion into additional markets. The SMT Scharf Group develops, manufactures, and services transportation equipment for underground mining and tunnel construction, including captivated railway systems, chairlifts, and rubber-tyred diesel and electric vehicles. With subsidiaries in seven countries and agents worldwide, the group is well-positioned to capitalize on the growing demand for sustainable mining solutions. Further information about SMT Scharf Group can be found online at www.smtscharf.com.
