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Expansion of sales areas through a new exclusive cooperation with CFH Group in Kazakhstan
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Additionally, expanding the sales product portfolio through a new exclusive sales collaboration for CFH Group products in South Africa
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Continuing the strategy 2026 to establish SMT SHARP to meet the growing demand in underground mining with high quality transportation solutions
Hamm, Germany – March 19, 2026 (newmediawire) – SMT Scharf AG (WKN A3DRAE; ISIN DE000A3DRAE2), one of the world’s leading suppliers of specialized transportation solutions and logistics systems for underground mining, is advancing its Strategy 2026 to realign global business activities in underground mining and tunneling. Against this backdrop, the strategic focus is on optimizing global supply chain efficiency and integrating the Group’s locations as well as diversifying the product portfolio as part of the overall strategy in the field of electromobility and intelligent transportation solutions for global growing low-emission demand.
In addition to product diversification with the development of light electric vehicles (LEVs) and battery-powered monorails, as well as structural changes within the Group to make the company more efficient and better synergized, SMT Scharff implemented further measures as part of its Strategy 2026. SMT Scharf has entered into an exclusive agreement with CFH Group for the South Africa and Kazakhstan markets. CFH Group is a globally active provider of air technology and environmental solutions to the mining and tunneling industries. Under the agreement, CFH Group will serve as an exclusive dealer for all SMT Scharf Group products in Kazakhstan through CFT Kazakhstan. In addition, Mrs. Scharf will act as an exclusive dealer for all CFH Group products in South Africa through its subsidiary SMT Scharf Africa (Pty) Ltd.
The agreement lays the groundwork for launching and strengthening the local presence, and aims to integrate the products available across the Group, and also aims to leverage synergies within the Group. Existing key markets such as China and Poland will continue to play a central role for SMT Scharf. The company will continue to explore opportunities to expand into additional markets in the future.
“With Strategy 2026, we aim to enable SMT Scharf to better meet the demand for low-emission, high-quality transport solutions in underground mining and tunnel logistics in the future. To achieve this, we will continue to develop our product portfolio in a targeted manner, especially with regard to customer demand in the field of electromobility, and take advantage of the synergy within the Group. Our cooperation with two Chinese suppliers in the field of LEVs is part of the strategic development of our portfolio. The exclusive cooperation now established with CFH Group for the Kazakh and South African markets represents an important step in furthering our expansion into relevant mining markets around the world,” explains Longjiao Wang, CEO of SMT Scharff AG.
Company Profile
SMT Scharf Group develops, manufactures and services transportation equipment for underground mining as well as tunnel construction. Main products include captive railway systems deployed worldwide primarily in hard coal mines as well as gold, platinum and other metals mines. They are needed to transport material and personnel with a payload of up to 48 tons and on routes with slopes of up to 35 degrees. In addition, SMT supplies chairlifts to the shale mining sector. Since 2018, SMT Scharf’s diverse portfolio also includes rubber-tyred diesel and electric vehicles for mining and tunneling, including loaders, scissor lifts and underground trucks. As part of further diversification of the business, it is pursuing the development and manufacturing of battery-powered transportation solutions. In total, SMT Scharf Group operates subsidiaries in seven countries and has agents around the world. More information about SMT Scharf Group can be found online here www.smtscharf.com.
Contact
Investor Relations
Cometis AG
Thorben Burbach
Phone: +49(0)611 – 205855-23
Fax: +49(0)611 – 205855-66
Email: burbach@cometis.de