Cooline, the international brand of Saudi Arabia's Zamil Air Conditioners has signed a joint venture with Morocco's Frigmar company.
According to General Manager for Cooline, Shaker Al-Moussa, the company aims to secure a 15-20 percent marker share in Morocco by 2007, reported MAP. "Morocco is also a market of full expansion that is why we’ve dedicated $700,000 for the joint venture with Frigmar, he added.
Cooline exports ranges of commercial and domestic air conditioning products to over fifty countries worldwide. Products include mini split and window units to large space direct expansion and chilled water applications. — (menareport.com)
© 2004 Mena Report (www.menareport.com)
