Corporate News     14-Nov-22
Voltas enters into technology license agreement with Vestfrost Solutions
For manufacturing and sale of medical refrigeration and vaccine storage equipment in India
Voltas has entered into a Technology License Agreement to develop, manufacture, sell and service medical refrigeration and vaccine storage equipment including Ice lined Refrigerators, Vaccine Freezers and Ultra low temperature Freezers to the India market.

Vestfrost Solutions founded in Esbjerg Denmark in 1963, is one of the global developers and manufacturers of innovative and efficient refrigerators and freezers in the Bio Medical and Cold Chain industry and shall be providing the technology & know-how for making the products at Voltas' facilities in India.

This partnership will leverage the strong brand presence and wide sales and distribution network of Voltas. Voltas has been the undisputed market leader for residential air-conditioners in India for over a decade and also enjoys market leadership in Commercial Refrigeration products in India.

Vestfrost Solutions will bring its strong R&D and manufacturing prowess, in addition to a wide product range and global sourcing capabilities. These products will be designed using Vestfrost's global best practices and will be catering to the medical industry requirements.

Previous News
  Voltas reports consolidated net loss of Rs 30.41 crore in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   07:42 )
  Voltas standalone net profit rises 119.61% in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   07:42 )
  Voltas announces change in CFO
 ( Corporate News - 13-Mar-25   18:38 )
  Voltas reports consolidated net profit of Rs 36.68 crore in the September 2023 quarter
 ( Results - Announcements 20-Oct-23   08:20 )
  Voltas posts PAT of Rs 131 crore in Q3
 ( Hot Pursuit - 30-Jan-25   10:08 )
  Voltas reports consolidated net profit of Rs 132.13 crore in the December 2024 quarter
 ( Results - Announcements 29-Jan-25   18:01 )
  Voltas revises board meeting date
 ( Corporate News - 10-Aug-24   10:03 )
  Voltas and Highly International (Hong Kong) mutually terminate JV plan
 ( Corporate News - 26-Apr-23   19:18 )
  Volumes soar at Voltas Ltd counter
 ( Hot Pursuit - 29-Jul-24   11:00 )
  Voltas Q1 PAT rises 19% YoY to Rs 129 cr
 ( Hot Pursuit - 14-Aug-23   09:41 )
  Voltas consolidated net profit declines 21.23% in the March 2023 quarter
 ( Results - Announcements 27-Apr-23   07:41 )
Other Stories
  Garware Marine Industries EGM scheduled
  22-Apr-25   17:27
  Board of AU Small Finance Bank recommends final dividend
  22-Apr-25   17:20
  Cenlub Industries to hold board meeting
  22-Apr-25   17:20
  J B Chemicals & Pharmaceuticals schedules board meeting
  22-Apr-25   17:20
  Ajanta Pharma to discuss results
  22-Apr-25   17:19
  Board of Tata Communications recommends final dividend
  22-Apr-25   17:19
  Agri-Tech (India) schedules board meeting
  22-Apr-25   17:19
  Board of Havells India recommends final dividend
  22-Apr-25   17:19
  Adani Power to conduct board meeting
  22-Apr-25   17:19
  Pyxis Finvest to discuss results
  22-Apr-25   17:18
Back Top