At the recent Frost & Sullivan Best Practice Awards, UPS manufacturer, Riello UPS, was named UPS Company of the Year.
After analysis of the UPS market, the judges at Frost & Sullivan were impressed with Riello UPS’ product portfolio as well as its growth through both organic development and strategic acquisitions.
The Company of the Year award is presented to a company that has excelled in growth strategy and implementation and in achieving a high degree of innovation with products and technologies. The company is also commended for its leadership in customer value and market penetration.
Research analyst for Frost & Sullivan, Gautham Gnanajothi, commented, “An extensive and versatile portfolio of high quality products catering to diverse applications, coupled with a dedicated customer centric approach, have been central to Riello’s success.
“Given the period from 2008 to 2010 was one of the toughest in Europe and worldwide, Riello’s strong growth is reflective of the company’s best in class products and services.”