Michael Debono / Toyota Malta

Debono Group on Friday commemorated the work and legacy of Founder and motor vehicle industry stalwart Michael Debono, in the week of the 24th anniversary since his death.

The company’s origins start in 1952, when he set up a coach body building business operating from a garage in Freedom Avenue in Żebbug. Afterwards, he built the Debono Service Station in 1958, and just two years later, imported the very first Toyota vehicle – a Toyopet Crown Deluxe – that was sold in Europe.

The move earned him the reputation as the entrepreneur who “changed the Maltese mobility industry”.

He passed away in 1999 at the age of 69, and the family business is now headed by Geoffrey Debono as CEO, having taken overall responsibility of the company in 2006.

“He is remembered fondly and missed by his family, friends, and all of Debono Group. May he rest in peace,” the company added.

Debono Group has now grown to become more than just a Toyota dealership, delving into various areas including the selling and servicing of commercial vehicles and motorcycles. It also invested in an engineering and a technology company, and has recently turned its attention to the development of shared transportation solutions.

Featured Image:

Debono Group Founder Michael Debono / Toyota Malta

Related

Balancing higher income and job satisfaction: A request for financial and career advice

19 April 2024
by Luca Caruana

An Anxious Project Manager is at a crossroads, having secured a considerable raise but must also contend with a boss ...

Kevin Cardona named new BOV Chief Financial Officer

19 April 2024
by Fabrizio Tabone

He succeeds Izabela Banas, who left the bank last February.

Change main feature of 2023, more expected in 2024 – Harvest Technology Chairman Keith Busuttil

19 April 2024
by Fabrizio Tabone

During 2023, Harvest Technology registered a 60.3% decrease in pre-tax profit, after contract delays and provision charges.

Soaring demand for property in St Paul’s Bay not likely to be replicated elsewhere – RE/MAX CCO

18 April 2024
by Fabrizio Tabone

He says RE/MAX has called for clarification on NSO data, given that in statistics, Buġibba, Burmarrad, Qawra, and Xemxija are ...

Close Bitnami banner
Bitnami