REHAU,a German based brand established in India in 1997,has emerged as a key player in the global furniture & building industry.Currently,REHAU has consolidates its manufacturing facility in Vadodara,which have been transformed into centres of Excellence.REHAU proudly announces the acquisition of the local Edgeband manufacturer Red Star,as a strategic decision aimed at further strengthening its market presence in India.With this acquisition,REHAU is expanding its retail footprint and will add to its kitty an economic range of edgeband solutions.
Mr.Faiz Ahmed,MD of REHAU India said," A feather in the hat of REHAU's 75 year journey globally has been the market leader in Edgeband market in India for over 25 years now.We have also continuously expanded our product portfolio during this time to serve our customers better.The strategic acquisition of Red Star marks a significant milestone in our journey of taking the edgeband market in India to newer heights."
Mr.Manish Arora,VP-Furniture Solutions,REHAU-South Asia,said," The acquisition of Red Star is not only a strategic move for us but also is a first in the edgeband industry in India".
"Edgeband as a product is yet to reach the maturity in Indian market and is growing robustly.We are committed to serve this market across all segments nation wide". says Mr.Lakshmi Pacha,VP-Strategic Projects,REHAU.
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