Acrysil has entered into an agreement for supply of Quartz Kitchen Sinks with Grohe, leading German Brand which is a part of Japanese major multi billions USD ‘LIXIL Group’. The agreement has potential to bring in additional revenues to the tune of around $7?8 million (around Rs 50-60 crore) in next 3 years.
Grohe has a global presence in 130+ countries and is a dominant player in Bathroom Solutions and Kitchen Fittings. The supply agreement with Acrysil, will mark their foray into the Quartz Kitchen Sinks segment.
Acrysil is a small company but enjoys a virtual monopoly in the organized Kitchen Sink business.
| Company Name | CMP |
|---|---|
| Hindustan Unilever | 2241.10 |
| Godrej Consumer Prod | 1108.20 |
| Dabur India | 442.10 |
| Colgate Palmol. (I) | 2106.20 |
| P&G Hygiene | 10006.55 |
| View more.. | |
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