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Vintage Launch for Berger To Grow Market Share

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  • Vintage Launch for Berger To Grow Market Share

    Vintage Launch for Berger To Grow Market Share

    zawya

    Dubai May 15th 2004: Berger Paints today announced the launch of its
    new Vintage Finish, an exterior textured paint that gives an ancient
    look and feel recreating the magic of a bygone era. The Vintage
    product, which is aimed directly at new construction projects in the
    UAE and the region, is set to help the company grow its market share.

    With its unique engraved finish, the Berger Vintage Collection performs
    the role of a decorative plaster and finish combining decoration and
    protection in one with the added attraction of a vintage look.

    Mr. Sultan Ahmed bin Sulayem Chairman of Ports, Customs and Free
    Zone Corporate commented, "With the dramatic pace of development
    and construction taking place in Dubai and the Emirates we are very
    fortunate to have a number of quality driven paint suppliers in the
    UAE supplying specialist paint for exterior surfaces."

    Berger Paints company officials said that revenues so far this year
    have grown over 25%, and the launch of Vintage will help the company
    extend revenue growth potential and benefit from the current real
    estate and construction boom.

    "There is a growing need for new fashionable finishes for exteriors and
    our offer comes with the backing of the Berger's hallmark research
    and development," said Mr. Suresh Mohandas, CEO of Berger Paints
    Emirates Ltd. "The new Vintage finish is the first of the several new
    products and concepts planned to meet the ever increasing expectations
    of the UAE market."

    The new Vintage line was unveiled by Mr. Sultan Ahmed bin Sulayem at
    a dinner reception held at the One&Only Royal Mirage in the presence
    of several leading UAE architects and consultants.

    Berger Paints Emirates has its manufacturing unit in Al Quoz Industrial
    Estate and services a large area including the UAE, Qatar, Saudi
    Arabia, Oman, Africa, Afghanistan and the CIS countries of Armenia,
    Khazakstan, Uzbekistan and Azerbaijan.
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