Creative Peripherals further expanded its licensing agreement with Honeywell to include a wide range of air purifiers for use in rooms and cars. The Company will be the licensee for this range of Honeywell products in 10 countries across the world. The products encompass various models of air purifiers for rooms and vehicles, and related components for these products, totaling to 55 SKUs.
The agreement further solidifies Creative Peripherals’ position as the licensee of choice for premium international brands, while broadening the Company’s product domain.
Commenting on this development, Mr. Ketan Patel, Chairman & Managing Director of Creative Peripherals & Distribution Ltd. said, “I am happy to announce that our Company has expanded its licensing association with Honeywell to include a broad range of air purifiers. This product range includes various types of air purifiers for indoor use in rooms and cars. We see a huge pick-up for such products especially in urban regions where rising pollution levels are a serious health concern for the masses. This agreement covers 10 countries and these products join a large and growing portfolio of Honeywell products that we currently offer.
This development further solidifies our position as the licensee of choice for premium international brands such as Honeywell, to enter and proliferate in new markets. We are very proud to have earned such recognition and trust from this Fortune 100 company and expect this to encourage other global brands to partner with us for the licensing model of business.
Our journey so far with Honeywell has been very fruitful and we foresee a rewarding long-term association ahead. With our Hong Kong subsidiaries in place, we are fully equipped to scale up our international operations. I would like to thank all our employees and stakeholders for their continued hard work and support in our growth.”