London, UK, 11th July 2016 – Elstat Ltd, a leading provider of global Smart cooler solutions for cold drinks brands, today announces a strategic partnership agreement with Bosch to lead innovation in the sector.
In working with one of the world’s most significantly experienced, leading engineering and electronics companies, Elstat will bring innovation to market more rapidly as its customer base seek to boost revenues and reduce costs in increasingly competitive environments. Additionally, this agreement means Elstat will provide its customers with a broader range of Nexo connected cooler solutions to meet different market needs across entire cooler estates.
Elstat selected Bosch for its breadth of capability and its market leading knowledge of refrigeration, sensor technologies and implementation. Partnering with Bosch will allow Elstat to focus their extensive industry expertise in defining the next stage of innovation.
Nick Nearchou, CEO of Elstat said, “We were very impressed by Bosch’s dedication to delivering on our vision. Their expertise extends an incredibly talented Elstat team to ensure we can continue to lead in delivering value to our customers”
Elstat’s Smart cooler solution, Nexo, provides its customers with services such as Asset Tracking, Service Management, Sales Management, Consumer Engagement and Energy Management in a single hardware and software solution.
Dattatreya Gaur, Vice President of Robert Bosch Engineering and Business Solutions said, “We are delighted to be partnering with Elstat in this rapid growth sector. The needs from Elstat’s customer base are clear and together we intend to deliver a level of value that exceeds market expectation.”
The partnership is live with immediate effect.