Banks DIH expanding into auto sales, energy services – Reis

Clifford Reis

Local beverage and food company Banks DIH Limited is diversifying its business to include alternative energy services and automotive sales.

This is according to Chairman of the conglomerate, Clifford Reis who told its Annual General Meeting (AGM) yesterday that the company in April 2019 had incorporated a new fully owned subsidiary called “Banks Automotive and Services Inc.”

“The motto of this subsidiary will be ‘The future of Transportation and Alternative Energy’”, Reis announced.