| New Delhi/Schiltach, Hansgrohe AG ( one of the | | | | main sanitary markets in the World. |
| leading global brands in bathroom fittings and | | | | Hansgrohe has been active in the Indian market since |
| showers, is continuing its successful international | | | | 1999 in co-operation with Jaquar & Company Ltd., a |
| expansion by establishing a new overseas subsidiary, | | | | leading national manufacturer of bathroom fittings and |
| Hansgrohe India private Limited, based in Pune, | | | | one of the few Superbrands in India. Jaquar and |
| Maharashtra. | | | | Hansgrohe have been collaborating very successfully |
| The new company, which will be managed by Dr. | | | | and have jointly developed a significant market |
| Nicholas Matten as Managing Director, will be staffed | | | | position for the German company with its three |
| to provide additional support in marketing | | | | brands Hansgrohe, Axor and Pharo. Several |
| Hansgrohe’s products in India, such as product | | | | prestigious projects, such as Le Meridien Hotel, Delhi |
| training and promoting the product to the relevant | | | | and The Leela, Gurgaon, are evidence of the results |
| target customers. According to Dr. Matten, “the | | | | of this co-operation. This week the Company held |
| permanent presence of Hansgrohe employees in India | | | | road shows across the metros to show case their |
| will help further develop the market in collaboration | | | | new and latest products. The featured items include |
| with our partners in the market. We will be able to | | | | the Hansgrohe economic range, the complete |
| provide better support and create a closer link | | | | bathroom accessories at a price range of Rs. 18,000 |
| between this important market with its exceptional | | | | to Rs. 45,000 and the large head showers – the |
| growth and the headquarters in Germany.” | | | | raindance range. The rain showers vary from 7 inches |
| The company is 100% owned by the German parent | | | | to 24 inches in diameter, at a price range of Rs. |
| company, and is the latest addition to the series of | | | | 18,000 to 2,40,000. |
| wholly-owned sales and marketing companies in the | | | | |