March 15, 2017, Zhuhai, PRC – Cooper&Hunter, a globally acclaimed manufacturer of a wide range of HVAC equipment, announced today that they have entered into definitive agreements for a long-term strategic partnership with Zhuhai Vino Environmental Technology Equipment Co. LTD and company stock share purchase that is expected to accelerate growth for both companies on the global market.
As a result of reached agreement, factory in Zhuhai received new name: Zhuhai Vino – Cooper&Hunter Environmental Technology Equipment Co. LTD. As soon as summer 2017, Cooper&Hunter is planning to supply new product line from production facility to USA, Canada and Europe.
The new, innovative partnership leverages the respective strengths of Cooper&Hunter and Zhuhai Vino Environmental Technology Equipment Co. LTD. to create compelling value for both companies and their shareowners. Importantly, the partnership strategically aligns both companies for the long-term goal by combining the strength of Cooper&Hunter worldwide distribution with Zhuhai Vino Environmental Technology Equipment’s R&D and production.
Cooper&Hunter is dedicated to technological innovation and consumer-driven product development. Partnership with Vino Environmental Technology Equipment Co. LTD will allow to continue generating new products that adhere to the highest quality standards, providing reliable, energy-efficient, and cost-effective air conditioning solutions.
Zhuhai Vino Environmental Technology Equipment Co. LTD. outstanding R&D team holds a comprehensive expression of latest technology of the A/C industry, including outstanding test facilities. Factory EER Testing Standard is 4% higher than China National Standard. High technological standards match Cooper&Hunter’s commitment to producing quality products that improve customers’ lives.
“Cooper&Hunter Company continues to identify innovative approaches to partnerships that enable us to stay at the forefront of consumer trends in the HVAC industry.We see value potential to reduce product cost and improve NPI spend. Ultimately, as we develop more production lines, we can build additive value for our customers, meeting both their current needs and promoting future engineering trends.” said Yanira Angeles, VP of Sales in Comfortside LLC, an exclusive master dealer of Cooper&Hunter in USA and Canada.
The agreement announced today represents a unique opportunity for Zhuhai Vino Environmental Technology Equipment Co. LTD as we gain enhanced access to Cooper&Hunter’s distribution system all over the world. At the same time, we become Cooper&Hunter Company’s R&D base and production boutique for customized products, based on specific customers’ insights, with a robust portfolio led by Vino line and Cooper&Hunter brands.”
“Adding manufacturing facilities is a key part of Cooper&Hunter
evolution into the leading air conditioners manufacturing company. We
are creating a more productive world with our innovative world-class
equipment, materials and software. We are poised to not only benefit
from this movement as a brand, but spearhead it as a leading supplier in
North America,” said Yanira Angeles,VP of Sales in Comfortside LLC.
About Cooper&Hunter
Since 2003, COOPER&HUNTER equipment has become very popular all over the world. The number of products yielded under the brand C&H (COOPER&HUNTER) is measured in millions of items now and the C&H itself has become a mark of quality and reliability of HVAC equipment. The company’s goal has always been to give the customers the best quality air conditioners for an affordable price.Cooper&Hunteris expecting to double theirbusiness in North America by 2020 at attractive returns.
Headquartered in Miami, Florida, Comfortside LLC is an exclusive master distributor of Cooper&Hunter in USA and Canada.
