The Fuegian Mirgor group managed to land in the United States and plans to open offices in Miami. The company, allied with Samsung and Toyota, has closed a two-year deal with the telephone company Millicom (which has more than 40 million customers in 10 countries in the region and operates under the Tigo brand) to be your official supplier of technology products. Even if not immediately, Mirgor does not rule out the possibility of exporting mobile phones produced in the country, they confided to clarion corporate sources.
“As of the signing of this contract, Mirgor USA (a subsidiary) will take care of the entire management chain for the supply of consumer electronicsconcentrating operations mainly in Colombia, Paraguay, Bolivia, Nicaragua, Honduras, El Salvador, Panama, as well as other Latin American countries,” the company said in a letter sent last week to the CNV (National Securities Commission), a rigorous procedure carried out by companies listed on the stock exchange.
This implies that he will be responsible for providing Millicom/Tigo’s “logistics consulting, planning, management, siting, integrating new technologies and overseeing the operation of the entire supply chain” services. It is a landline and mobile phone service provider of Panamanian origin, but that today he is based in Luxembourg and runs his business from Miami. Tigo is well known, especially in Central America, but in recent years it is expanding to other neighboring countries, such as Colombia, Paraguay and Bolivia.
Mirgor produces electronics (mobile phones, TVs and car components, among others) mainly in Tierra del Fuego. It competes with Newsan, Fapesa, BGH and Radio Victoria, among others. The contract with Millicom has a curious background as this was one of the services Brightstar offered worldwide. In 2020, the multinational sold its Fuegian assets in Argentina to Mirgor (it had 2 factories where it manufactured mobile phones for Samsung and LG). Now he will inherit the role of logistics operator from Tigowhich involves all equipment supply, logistics management and customer relations.
Details of the deal will be announced next week when the group makes the official announcement. However, it emerged that the contract was signed in “the manner of Fourth party logistics“, which makes the US branch of Mirgor sort of manager and chief administrative officer of the entire Millicom operation, a business of as yet unknown size, but which is billed in dollars. “This demonstrates how a company can grow from Tierra del Fuego to export and establish itself internationally,” enthused a shareholder of the group.
In the industry they hypothesize that, subsequently and starting from the new contract, Mirgor could extend the historic relationship it has with Samsung in Argentina to the region. In the country it produces smartphones, televisions, air conditioners from Tierra del Fuego for the brand. In December, The company has inaugurated a factory in the city of Garín, in Buenos Aires, where today 180 employees work and where tablets, headphones and other small electronic devices are produced. They also plan to start assembling the three notebook models (Galaxy Book3, Book3 Pro 360 and Book3 Pro) that will begin shipping in July.
Source: Clarin
