L-R: Abhay Shah, joint managing manager and RK Shah, vice chairman and managing managing director of Organic Coatings with Klaus Nielsen, managing managing director, Robert Joseph, business concern head â€" consumables and Vembu Swaminathan, fiscal director of Heidelberg India

Heidelberg India and Organic Coatings have signed a long-term sales and distribution agreement. This move aims at expanding Heidelberg Republic of india's marketplace presence and strengthening its consumables portfolio. The agreement, effective from 1 March 2015 entitles Heidelberg India to exclusively manage the sales and distribution of Organic Coatings sheetfed showtime products with special focus on inks, maximizing the synergies between the two complementary asset portfolios and unlocking the potential in the combined offering.

The agreement will join Organic Coatings existing sales force and dealer distribution channel with Heidelberg India, while allowing the former to singularly focus on manufacturing and product development. The deal was signed in a recent meeting held at Heidelberg Republic of india'due south corporate caput function in Chennai, by RK Shah, vice chairman and managing director and Abhay Shah, joint director of Organic Coatings. Heidelberg was represented by Klaus Nielsen, managing manager, Vembu Swaminathan, financial director, and Robert Joseph, business organisation caput consumables at Heidelberg India.

Commenting on the strategic alliance, Nielsen stated, Nosotros are extremely excited about this deal with Organic Coatings and the value information technology would add together to our consumables portfolio. The agreement, is part of our broader growth strategy for our consumables business concern, and comes on the heels of a similar organization specialized in founts and wash-up solutions. Abhay Shah said, We are happy to bring together hands with Heidelberg Republic of india, as both companies share a common vision for the future of the consumables business organisation. Partnering with a company of the calibre of Heidelberg India is bound to marshal us with excellent growth opportunities in the Indian Graphics Arts industry and help us take reward of the exploding potential.

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