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FINANCIAL NEWS
UAE’s Galadari Automobiles inks partnership deal with Veedol
24 Jan 2013
(MENAFN) Veedol International’s Director, Rajendra Ghosal, stated that the company has inked a partnership agreement with UAE’s Galadari Automobiles, which will also become its official distributor in the country, reported Emirates 24/7.
Ghosal added that the automotive lubricant maker is returning to the Gulf country after leaving it for a few years, and plans to control 2 percent market share in the first year of operation.
He said that Veedol products, which are made in the UK, the UAE and India, will be soon distributed in the GCC and Levant region.
The company, which has been in operation for a century, has clients in petrol and diesel engine divisions.
It is worth noting that the firm has formulated a variety of products for a wide range of applications, achieved through its research and development strategy.
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