Lake Industries continues major growth in Southeast Asia
After achieving 250% growth in dealer volume in Asia over 5 years, Lake Industries announced on Tuesday partnerships with 4 major appliance suppliers across China, Singapore and Indonesia.
Since the initial expansion into South America, the Middle East and Asia about 10 years ago, Southeast Asia has consistently outpaced the growth in other regions. Between China, the Philippines and Malaysia, Lake Industries supplies a network of over 2,500 dealers and sales staff. The addition of appliance retailers brings Lake’s added-value and buyer incentives models to this rapidly growing region.