Cera Sanitaryware has entered into a marketing agreement with ECE Banyo, the owners of Italian Luxury Sanitaryware brand ISVEA for a period of 5 years, which can be extended later, exclusively for sales, distribution and marketing of ISVEA brand in India. Products of ISVEA brand are designed by well-known Italian designers. The launch of ISVEA brand by the Company in India is expected by July, 2015.
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The Rajasthan-based snack maker will use the funds to expand its manufacturing and distribution to markets outside North India and to enter the fastest growing ready-toeat food market.
"Lighthouse Funds has signed the agreement to invest in the company. The investment will be a deferred one" said an investment banker with knowledge