Walton expands to Caribbean, appoints distributor in Barbados

Bangladesh's multinational electronics giant Walton has marked another significant milestone in its global expansion by entering the Caribbean market, commonly known as the West Indies. The move strengthens Walton's international presence and lays the groundwork for broader access to North and Central American markets.

As part of this expansion, Walton Hi-Tech Industries PLC has signed a distributorship agreement with Barbadian firm Bargain Warehouse, appointing them as the official distributor of Walton products in the Caribbean region. The agreement was signed by Md Ziaul Alam, FCA, ACA (ICAEW), Additional Managing Director and Chief Financial Officer of Walton Hi-Tech, and Md Zuheir Zayouni, Managing Director of Bargain Warehouse.

Under the agreement, Bargain Warehouse will distribute Walton products across 16 Caribbean islands. Walton has already shipped its first consignment of split and commercial air conditioners to Barbados, with plans underway to gradually introduce a broader range of electronics, electrical appliances, and home and kitchen products throughout the region.

Abdur Rouf, Vice President of Walton's Global Business Division, highlighted the strategic importance of the Caribbean due to its proximity to North and Central America and its growing electronics market. "This new venture opens up a large potential market for Walton products and paves the way for expansion into the Americas," he said.

Walton's air conditioning division is also gaining traction globally. Md Tanvir Rahman, Chief Business Officer of Walton Air Conditioner, noted that the brand's split, VRF, and chiller-type commercial ACs are becoming increasingly popular in developed countries, including Singapore. Their advanced technology, energy efficiency, environmental friendliness, and competitive pricing are key drivers behind this success.

Building on this momentum, the Caribbean initiative is expected to strengthen Walton's foothold in international markets. Currently, Walton products are available in over 50 countries across Asia, the Middle East, Africa, and Europe through an extensive network of distributors and global business partners.