Chloride receives Frost & Sullivan Growth Strategy Leadership Award

The 2008 Frost & Sullivan European Uninterruptible Power Supplies (UPS) Growth Strategy Leadership Award is presented to Chloride.

Strong revenue growth, strategic acquisitions, and enhanced service capabilities have all contributed to the Chloride Group being awarded the Frost & Sullivan European Growth Strategy Leadership Award 2008.

The award is presented each year to the company that has demonstrated an exceptional long-term growth strategy within its industry. It recognises companies for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development.

Frost & Sullivan UPS Growth Strategy Leadership Award 2008

Chloride’s service revenues have grown 20 per cent each year since 2004. In addition, the company’s European UPS (Uninterruptible Power Supply) services business grew by 22 per cent in 2007, which is more than twice the market growth rate.

Together with these growth results, Frost & Sullivan particularly commended Chloride on its investment in Human Resources, focus on training, strategic acquisitions and its overall market position.

Chloride President Lamberto Tassara commented on the achievement saying, “This award recognises our dedication and investment as industry leaders to continually expand and improve our business. It reinforces our philosophy of building long term relationships with our customers and providing total service solutions to a worldwide market. We are very proud of receiving another Frost & Sullivan award."

 

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