Product category:
Adhesives, threadlockers and other consumables
News Release from: Stokvis Tape Group BV
Edited by the Engineeringtalk Editorial
Team on 09 November 2005
Promi takeover in Czech Republic and
Slovakia
To strengthen its position in Eastern Europe, the Stokvis Tape Group has taken over Promi branches in the Czech Republic and Slovakia.
To strengthen its position in Eastern Europe, the Stokvis Tape Group has taken over Promi branches in the Czech Republic and Slovakia Following Fixtrade in Finland and SHD in France, this is the third European take-over by the Stokvis Tape Group this year
This article was originally published on Engineeringtalk on 9 Nov 2005 at 8.00am (UK)
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Promi is the largest independent distributor of self-adhesive tapes in both countries.
The company offers industries in the Czech Republic and Slovakia a wide range of products, which can be fully tailored to meet the customers' requirements.
To facilitate this, Promi has its own machinery for cutting, laminating and punching.
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The company is certified according to ISO9001 and the TS16949 quality system.
The take-over will have no consequences for Promi's 46 employees.
The acquisition gives Stokvis Tapes a presence in four different countries of Eastern Europe: Hungary, Poland, Slovakia and the Czech Republic.
The expansion is in response to developments in the market.
More and more multinationals, such as car manufacturers, are opening their own production companies in Eastern Europe.
As a supplier of these companies, Stokvis Tapes also wants to have a presence there with its own branches.
As a result, its customers are guaranteed short supply lines, while the quality of the products remains as high as ever.
The group also thinks that it can expand to become an important supplier for local firms in the Czech Republic and Slovakia.
Stokvis Tapes wants to become a world player in the field of self-adhesive tapes.
Until recently, Stokvis Tapes operated exclusively on the European market.
The group, whose headquarters are in Zeist, has branches in thirteen European countries - Belgium, Denmark, Germany, England, Finland, France, Hungary, the Netherlands, Norway, Poland, Sweden, Slovakia and the Czech Republic.
Shanghai was added in 2004, as the first Asian branch.
The concern serves eight different branches of industry (automotive, construction, electrotechnical and electronics, synthetics, aviation, metal, mobile telephony and paper and graphics) and follows its customers as they expand production to Eastern Europe and Asia.
Based on signs from its circle of clients, Stokvis Tapes also expects to be operating in such growth markets as India and Mexico within the foreseeable future.
More so because the application of tape in industry is still on the increase.
The use of tape offers great advantages in terms of the environment, flexibility, productivity, user-friendliness, compared with conventional production methods.
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