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COOLINE AIR CONDITIONERS ENTERS THE AUSTRALIAN MARKET
Cooline Air Conditioners established Cooline Pacific Pty Ltd. in Australia. |
In line with their program of globalization Cooline air conditioners a subsidiary of Zamil Air Conditioners, the Middle East’s oldest and largest manufacturer based in Dammam, Saudi Arabia has established Cooline Pacific Pty Ltd.
The company will have its headquarters located at a new warehouse facility in Brisbane, Australia with regional offices planned in Sydney, Melbourne, Adelaide and Perth.
The objective of the company is to establish a firm presence to Cooline products within one of the worlds fastest growing air conditioning market. Mr. Shaker Almoussa, General Manager of Cooline said that Cooline’s intensive after-sales and customer service program will be one of the keys to Cooline’s success.
Over the last five years reflecting the economic boom and assisted by the fact that only 20% of all households have air conditioning, there has been an average market growth per annum of 11.5% in the domestic market and 18% in the commercial products sector giving an estimated total annual market size approaching close to US $ 600 million.
“With no individual product or company having a major share and Cooline’s extensive range of commercial and domestic air conditioning products makes this is an ideal opportunity to launch Cooline products into Australia” commented Tom Riley, a seasoned veteran of Australian air conditioning, who will head Cooline Pacific as General Manager assisted by a comprehensive team of qualified engineers and sales staff.
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