PIKOLIN HAS PURCHASED DUNLOPILLO
La Cámara has the pleasure to welcome a new corporate member in our chamber and also in our business community, Pikolin.
The rest-related products group “Pikolin” has reinforced its presence in Asia with the acquisition of 100% of the mattress company Dunlopillo Holdings from the Malaysian Group, Sime Darby Allied Products Berhad.
Image of Pikolin’s factory in Spain
In 2010, Dunlopillo Holdings had a turnover of more than €25 million and sold products in 45 countries, 32 of wich are in Asia and it also owns Orthorest, Lady America and King Koil brands.
The company has two factories in China and Vietnam, and its own commercial distribution network in China, Hong Kong, Malaysia, Vietnam, Singapore and the United Arab Emirates.
Pikolin includes this acquisition as part of the internationalization process that it has been undertaking in recent years and consider with a high growth potential the Asian continent.
We wish Pikolin the best in this new venture in Malaysia and the ASEAN region.