As part of Triscan’s continued development and overall business strategy, Triscan is now co-owner of the first of a number of manufacturing companies.
Besides a better understanding of the production technology and processes, detailed knowledge of commodity and production prices are important factors for Triscan. Last but not least, the influence on the development of individual product ranges is also something of great value.
"This decision is based on a desire to get even closer to the production of Triscan’s products and hereby achieve a number of benefits," says Triscan’s CEO, John Iversen.
In return of Triscan’s investments, the manufacturing companies will benefit from Triscan’s many years of experience and knowledge of the European, free and professional aftermarket and get access to more than 22 markets, where Triscan today distributes/sells its products.
The first company which Triscan has invested in produces gas springs. Triscan has experienced a steady increase within the sales of gas springs, and today sell more than 1,400 references to some of the largest players on the European aftermarket.
"The demand for complete and quick deliveries is increasing and through this first step forward, we expect to be even faster to introduce new references to our markets in Europe," John Iversen continues. "We want to help our customers to increased sales and reduced costs for product management and inventory financing. This objective has made us one of the biggest players in Europe within several product areas, including gas springs", John Iversen concludes.
Negotiations are underway with more manufacturers and Triscan expects to invest in another production company before the end of the year. Triscan’s activities within the production area are united in the newly established Triscan Manufacturing A/S.