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Walton Hi-Tech Industries PLC has signed a partnership agreement with Danby Appliances, a renowned compact appliance brand in North America, for expanding its global market in the region.
With this signing, Walton will lead Bangladesh to enter the USA region for the first time ever in the electronics segment.
The partnership will establish Walton brand products in USA and Canada.
Recently, a team of Walton high officials visited 'Consumer Electronics Show (CES-2022)' held in Las Vegas.
The Memorandum of Understanding (MoU) between Walton and Danby was signed at the CES which is one of the world's biggest tech trade shows.
Edward Kim, President of the Global Business Division of Walton Hi-Tech Industries PLC, and Andrew Raymond, CFO of Danby Appliances, have signed the paper for their respective organisations.
The signing ceremony was arranged on Friday (January 07, 2022) virtually.
Golam Murshed, Managing Director and CEO of Walton Hi-Tech Industries PLC, Jim Estill, President and CEO of Danby, Walton's DMD Amdadul Hoque Sarker, Home Appliance's Chief Business Officer (CBO) Al-Imran, Kitchen Appliance's CBO Mahfuzur Rahman, Global Business Division's vice-president Abdur Rouf and Sr. Assistant Director Kaysar Chayan were among others present on the occasion.