Tsubakimoto Chain : Establishment of Tsubaki Group product sales company in Spain
December 16, 2016 at 03:23 am EST
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Strengthening Sales in Spain and Portugal
In an effort to strengthen sales in Spain and Portugal, Tsubakimoto Chain Co. (Headquarters: Kita-ku, Osaka, Japan; President: Yasushi Ohara), through its wholly owned subsidiary Tsubakimoto Europe B.V. (Headquarters: The Netherlands), has established 'Tsubaki Ibérica Power Transmission, S.L.' (hereinafter 'TISL'), a sales company located in Spain.
TISL has acquired the Tsubaki product-related business from our Spain/Portugal distributor, 'Transmisión S.A.' (Spain). Through this acquisition, the Tsubaki Group will take the lead in marketing and engineering activities in the Spain and Portugal markets and strengthen sales of our products.
Name:
Tsubaki Ibérica Power Transmission, S.L.
Location:
Madrid, Spain
Date of establishment:
November 10, 2016
Capital:
1,600,000 Euros
Investor:
Tsubakimoto Europe B.V. 100%
Principal business:
Import sales and after-sales service of all Tsubaki Group products
Tsubakimoto Chain Company published this content on 15 December 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 December 2016 08:23:10 UTC.
Original documenthttp://tsubakimoto.com/company/press/2016/12/15/1/
Public permalinkhttp://www.publicnow.com/view/05234D3E387BBA8366E72FEF01C3A2A0EFA474B7
TSUBAKIMOTO CHAIN CO. is mainly engaged in the manufacture and sale of chains for power transmission and transportation use, variable speed reducers, linear working units, timing chains, power drive chains, conveyors and transportation systems. In addition, the Company is also involved in the manufacture, sale, research and development of automotive parts and material handling equipment. The Company operates through four segments: Chain, Precision Equipment, Automobile Parts and Material handling segments. The Chain segment offers standard form chains, oil-free chains, powerful chains, standard conveyor chains and free flow chains, as well as cable chains and cable accessories, among others. The Precision Equipment segment provides gear motors, gear-boxes, tensioners, guides, levers, sprockets, among others. The Automobile Parts segment provides tensioners, guides, power drive chains and others. The Material Hnadling segment provides systems for the logistics industry and others.