
Ozone Overseas, a renowned brand in the home and office improvement solutions market, recently announced na from PAG-backed Nuvama Private Equity. With this investment, Ozone Overseas aims to bolster its existing growth chart by expanding its manufacturing capacity, reinforcing brand presence, and exploring potential synergistic acquisitions. We caught up with Alok Aggarwal, Chief Executive Officer and Managing Director of Ozone Overseas to talk about the company's growth trajectory, strategic acquisitions and future plans.
Ozone Overseas has emerged as a trusted market leader in the architectural hardware solutions market both in the residential and commercial segments. Take us through the inception of the brand.
Alok Aggarwal (AG): For the initial part of my career, I was working with my father in the steel business. In the late 90s' steel had a downturn. I felt this was the right time to venture out and explore new business avenues, as I was not very interested in the steel business.
It was during this time that I came across a Korean company which was into the manufacturing of high-end locks. After visiting their manufacturing unit, I travelled and researched more about the industry. Upon attending relevant exhibitions, I realised there was a lacuna in the market and that there was tremendous potential to get products of international quality in that specific market which was not easily available in India. The products were expensive, but there was a definite market. That's when we decided to venture into this segment. Hence Ozone Overseas was born.
What is Ozone Overseas all about? Take us through the product portfolio.
This story is from the July 2023 edition of Architecture + Design.
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This story is from the July 2023 edition of Architecture + Design.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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