Caldwell Hardware acquires Archintex Architecturals Pvt Ltd.

Tim Ferkin and Eric Mertz with the Archintex team following the acquisition
Photo source
Tim Ferkin and Eric Mertz with the Archintex team following the acquisition | Photo: www.caldwell.co.uk

Date: 28 March 2019

Fast-growing supplier Archintex has been acquired by one of the world’s leading hardware businesses.

130 year-old Caldwell recently formed Caldwell South-East Asia as part of an ambitious drive for growth in the region.

Archintex already supplies Caldwell’s Cotswold hardware to companies right across the country – and that made acquiring it a natural next step.

“We’ve been working closely with the Archintex senior team for years now. They know our products, they know the market, and that’s why they’re the perfect partners for us as we seek to expand our presence in India. By combining their unmatched local knowledge with our global expertise, we’re confident we’ve got a formula for rapid growth. Together, we want to bring an even wider range of products to Indian fenestration businesses, and further streamline the distribution of Cotswold hardware around the country.”

– Tim Ferkin, Market Development Director

Caldwell has big plans for the region. Further investment will see it become a key technology hub helping the company develop partners across Asia.

“Window manufacturers all over the world have found success using Caldwell-branded products. Now, we’re delighted to be bringing more of them to one of the fastest-growing markets in the world. India is set to grow 7.3% this year and 7.5% the next – that’s faster than China. By 2050, it’s expected to overtake America as the second-biggest economic power on Earth. And most excitingly of all, much of that growth will come from construction. The government’s Housing for All initiative will see hundreds of thousands of homes built in the next few years. That’s a huge opportunity for Indian window and door manufacturers – and it’s our job to equip them with everything they need to take advantage of it.”

– Eric Mertz, Caldwell CEO

Founded in Rochester, New York over 130 years ago, today Caldwell is a world-leading window hardware supplier. Its products, including those from its respected Cotswold brand, are used by major fenestration businesses all around the globe.

600450 Caldwell Hardware acquires Archintex Architecturals Pvt Ltd. glassonweb.com

Others also read

Glasstech Asia & Fenestration Asia 2026 brings together the region’s glass, façade, architecture and built-environment community for three days of innovation, knowledge-sharing and meaningful connections.
The Glass & Glazing Federation (GGF) has announced a new partnership with REHAU, giving businesses within the REHAU Authorised Partner network access to GGF Membership at a preferential rate.
Apogee Enterprises is set to acquire GroGlass, strengthening its high-performance coatings portfolio and expanding its global capabilities in advanced glass solutions.
The products and technologies behind today’s building envelopes are changing rapidly, and so are the decisions architects and contractors need to make about them.
PiGs has been confirmed once again as a Supporting Organisation of the Glazing Summit, continuing its commitment to backing the one-day event for the second year running.
ECCC's Jamie Hulan outlined upcoming ENERGY STAR Canada changes and market transformation strategy at the FGIA Fall Conference.

Add new comment

From industry

NEWS RELATED PRODUCTS

A+W Software GmbH