Dr Peter E Albrich, managing director and CEO of Siemens Bangladesh Limited, Nitun Kundu, managing director of Otobi Limited, and Shakil Wahed, managing director of Lipro Communications Limited, signed the deal on behalf of their organisations at the Siemens House in Dhaka on Thursday, says a press release.

Under the deal, Otobi will sell Siemens built-in-kitchen appliances through their showrooms. The combination of Siemens' kitchen appliances and Otobi's furniture would allow the consumers to have a contemporary kitchen.