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HSIL signs distribution agreement with Formenti E Giovenzana

30 Oct 2018 Evaluate

HSIL has signed Distribution agreement with Formenti E Giovenzana of Italy, giving exclusive distribution rights to the company for the territory of India and other territories as may be mutually agreed, for distribution of Kitchen and Furniture functional hardware fitting products such as hinges, slides, drawers, sliding doors, alternative openings and wall hanging brackets manufactured by Formenti E Giovenzana.

The company is present in built-in kitchen appliances and claims to be the number three brand in the country in the category, and has launched water heaters, air coolers, water purifiers and air purifiers.

Peers
Company Name CMP
Uflex 659.00
EPL 238.90
AGI Greenpac 745.50
Huhtamaki India 244.75
TCPL Packaging 3863.20
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