In 1998 Domingo Alonso laid the foundation for what would be its first business experience outside the Canaries, a small but major step opening an office in Cape Verde. We say "small" because we were setting up a business we knew well in a neighboring archipelago; but it is "major" because it was our first business experience outside the Canary Islands. From then on, much of the company´s efforts have focused on its internationalization, developing a recognizable brand in the countries in which it is present, through its different brands, but also by investing in IT companies.
We continue to look for opportunities in other markets, and backed by our experience, and, together with a competent partner, we have secured the distribution rights for Renault in 11 African countries.
We currently have headquarters in Las Palmas de Gran Canaria and a regional office in Miami, the group is currently operating in Angola, Cape Verde, Colombia, Venezuela, Chile, Peru, Argentina, Portugal, Kenya, Tanzania, Malawi, Zimbabwe, Uganda , Mozambique, Zambia, Senegal, Mali, Mauritania and Niger.
With the authorisation of Banco Central de Curaçao y Sint Maarten, the 23rd of June, 2011, the SKY BANK NV initiated their operations. It currently has a subscribed and paid-in capital of 10 million dollars, and their offices are located on the Island of Curaçao, jurisdiction of the Kingdom of the Netherlands.
The international adventure of Domingo Alonso Group started 18 years ago, when they decided to start up in the nearby archipelago of Cape Verde. This meant, in 1998, their first business experience out across the Canary Islands borders. Ever since then, most of the efforts of Domingo Alonso Group have been devoted to the internationalization of the company.
Domingo Alonso Group closed the year 2015 with more than 20,500 registered units and a 706-million-euro turnover. These results are product of the excellent management the company has developed over the last years,
during its internationalization strategy. Currently, Domingo Alonso Group has its head offices in Las Palmas de Gran Canaria and a regional delegation in Miami.
The list of countries where the Group operates nowadays comprise Angola, Cape Verde, Colombia, Venezuela, Chile, Peru, Portugal, Kenya, Tanzania, Malawi, Zimbabwe, Uganda, Mozambique, Zambia, Senegal, Mali, Mauritania, Niger, Curaçao and Mexico. However, the eagerness for conquering new markets does not stop, and Domingo Alonso Group targets new countries, with new projects for more brands.
The company is a great example of internationalization, that has succeed finding business opportunities in other markets during the years of declining economy. Proof of it would be that Actualidad Económica, a Spanish business magazine, has awarded the company in 2016 for the Best International Career.
Salvador Caetano Group started its activity in Portugal in the year 1946, under the great tenacity of its founder, Salvador Fernandes Caetano, whose motto was “Always present in tomorrow’s construction”. Ever since its incorporation as manufacturer of bodyworks for buses, the Salvador Caetano Group has travelled a long way, and has become a strong-rooted Group, allowing the expansion of its activity to other business areas and cross-border expansion. It currently has more than 100 companies, located in 18 countries in three different continents: Europe, Asia and Africa, employing over 6,000 people in five different business areas: industry, distribution, retail, energy and services.
There is a strategic alliance between Domingo Alonso Group and Salvador Caetano Group, that fosters the collaboration between both, in order to conduct new innovating projects and, therefore, to be more competitive in the automotive sector.