HSIL has signed distribution agreement with Atlantic International of Franco, giving exclusive distribution rights to the company for whole of India and other Territories as may be mutually agreed, for distribution of domestic water heaters manufactured by Atlantic International Water Heaters which will be distributed under joint brand name ‘Hindware Atlantic’.
Atlantic International is an affiliate of the French Group, Groupe Atlantic, which is one of the leading players in Europe, specializing in the manufacturing and marketing of electric storage water heaters, heating products, ventilation and having revenue of $1.10 billion approximately.
HSIL is one of the leading domestic players in container glass and building products segments. Under the second segment, the company manufactures and trades in sanitaryware products, faucets and wellness products. It has five manufacturing facilities in India, of which three are located in Andhra Pradesh, one in Rajasthan and one in Haryana.
| Company Name | CMP |
|---|---|
| Uflex | 406.10 |
| EPL | 233.25 |
| AGI Greenpac | 585.45 |
| Huhtamaki India | 190.40 |
| TCPL Packaging | 2647.00 |
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