The transaction, which led to the opening of a branch of the Bologna-based company in the Subcontinent, was led by Octagona.
The subject of one of our case studies (you can find the full report by clicking above), Coveme is a leading polyester film manufacturer. Long eager to explore new international markets, it relied on Octagona's advice for a feasibility study on India. After validating the implementation of the project, Octagona followed the partner search phase, thanks to its direct presence in India, with three offices located in Pune, Bangalore and New Delhi.
Amedeo Maccolini, CFO Coveme's, commented as follows:
“The role played by Octagona has been fundamental in achieving our goals: the start-up of the new company would have been impossible without the assistance of an experienced, helpful, flexible team physically present in the field.
This was a strategic transaction: India represents a market of great importance for the PV business, in which we are the world leader, and Coveme India will offer in prospect not only the opportunity to consolidate a market in which we are already present as exporters, but also to approach alternative markets to PV.’
Below is the press review devoted to the operation:
February 3, 2017 - Emmeweb
February 3, 2017 - Journal of Modena
To download the article click here
February 9, 2017 - Energy Plus
February 13, 2017 - EnergMagazine
To download the article click here
If your company also wants to explore new markets, India may be the right market. It has been growing steadily for many years and can now also count on laws that encourage imports from abroad, including Italy. If you would like to receive a free initial consultation, do not hesitate to contact us: our internationalization experts will study with you the best solution for your needs.
ALSO READ:
The success of Italian companies in India
Vietnam: a quick-response country
Internationalizing your business abroad: strategic choice or opportunity?
Digital export manager (DEM): internationalization in a digital context
Are you interested in our service?
Fill out the form or contact us at
+39 059 9770184