We are pleased to announce that WAAREE Group, based in Mumbai, India has acquired 100% of the shares in CESARE BONETTI, etching a new chapter in BONETTI's 108 years of illustrious history. The acquisition brings with it a new wave of transformation and global synergies, combining the manufacture and innovation excellence by CESARE BONETTI with customer reach, diversity and global reach WAAREE group.
This development is significant and in line with the Group's constant WAAREE strive to tie in with the best in the world in terms of design and manufacturing excellence and channelize technical edge thus available to make it more accessible and affordable to the customer. The Union also marks a paradigm shift in manufacturing, purchasing and servicing of the group, with its newly acquired global reach, will be closer and more accessible to the customer.
WAAREE group, with its clairvoyance on the global market, its strong financial, infrastructure and logistical support along with the BONETTI strong innovation, design and manufacturing excellence and a century learning curve benefit, this development is very important for both groups in the establishment of their footprints in emerging markets and achieve high levels of growth and prosperity in a very short, of course keep the customer, its interests and its service on the highest pedestal.
ABOUT CESARE BONETTI
Established in 1905, the Cesare Bonetti has evolved over the last century, as a world class manufacturer of critical valves and level meters. In the last 100 years grown BONETTI strength to strength, slowly spreading its manufacturing presence worldwide, expand its capabilities as it did. With the newly-established State-of-the-art facility in Karambele, India, doubled BONETTI manufacturability, compliments the traditional world famous site in Garbagnate and strategic manufacturing unit in Suzhou China. The strategic joint ventures in Germany and Turkey further increase BONETTIS manufacturing is spread all over the world. http://www.Cesare-Bonetti.it/
IF WAAREE GROUP
WAAREE is one of India's leading "Commission" company, headquartered in Mumbai. Founded in 1989, developed Waaree successfully pioneering technology to become one of the most desired brands in instrumentation. The company's main business areas are solar energy, industrial valves, petroleum equipment and control process instrumentation. The years expanded WAAREE quickly, combining organic growth and selective acquisition policy. The primary goal is to create a presence both commercially and technologically advanced in the industrial development in the world. Waaree has a presence in over 68 countries. http://www.waaree.com