|
contents | events | |||||||||
| Zumtobel Group CEO refutes media reports on a possible exit from the US business/market Zumtobel Group CEO, Ulrich Schumacher, refutes media reports about a possible withdrawal of the Austrian lighting company in the American market: "There is no intention for the Zumtobel Group to withdraw from the American market. On the contrary, we see the US market as an excellent opportunity to significantly expand our business especially with our premium brand Zumtobel" said Ulrich Schumacher. "Due to the competitive structures in the already consolidated US market, we see the best opportunity to pursue growth in the form of a strategic partnership. Zumtobel USA has excellent customer relations and offers an attractive product portfolio, which complements perfectly with our business with international architects. I am very confident that we can intensify our presence in this strategically important market for Zumtobel, even more so with a new set-up." At a press conference on April 2, 2014 at Light+Building in Frankfurt, Germany, Schumacher expressed to a journalist the potential of a strategic partnership in the US. Among other things he explained the position of Zumtobel in the US market and stated that they could achieve growth better with a strategic partnership. write your comments about the article :: © 2014 Construction News :: home page |