Tomkins PLC of London and parent company of Ruskin and Titus announced that it has acquired a controlling interest in Rolastar Private Limited, a Mumbai, India company, and a manufacturer of hollow profiles and related accessories for ductwork and air distribution.
Tomkins sees excellent long-term
growth opportunities for the Indian HVAC industry and, in particular, the air
distribution segment. Rolastar’s vast expertise in the field of HVAC air
distribution systems, products and services can be seen in all construction
markets for commercial, industrial and residential buildings and
Rolastar currently has four manufacturing
facilities spread strategically across India with plans to add two more in
2008. Its Air Express business unit distributes and installs air distribution
systems in the major centers throughout India.
Tomkins purchases India duct manufacturing company
March 19, 2008