Otto Olsen AS today announces the completion of the acquisition of TR Fastenings Norge AS, a significant expansion of its already extensive product portfolio. As a recognized Norwegian-owned business with solid experience and high technical expertise, Otto Olsen AS already supplies a wide range of products to various industries. The company's goal of maintaining a high level of service and offering customized solutions in close collaboration with its customers is reinforced through this acquisition.
The integration strengthens the product offering and market position
TR Fastenings AS, which is part of Trifast plc, is internationally recognized for its expertise in the design, engineering, production and distribution of high-quality fastening equipment and components for the assembly industries. The integration of TR Fastenings Norge AS will further strengthen Otto Olsen AS's market position as a total supplier.
The management's visions for the future
Kjetil Høgbakken, general manager of Otto Olsen AS, expresses his enthusiasm for the acquisition: "The expansion of our product range has been a key goal for us, and with the addition of TR Fastenings' expertise and products, we are moving a significant step closer to realizing this goal . We look forward to the new opportunities this partnership will bring.”
Jan-Erik Storsve, who previously led TR Fastenings Norge AS, will play an important role as product manager at Otto Olsen AS. He shares his optimism: "This merger represents a milestone for our business. With the support of Otto Olsen's sales and logistics network, we are convinced that together we will achieve great success."
For more information contact:
Otto Olsen AS Kjetil Høgbakken Website: www.oo.no E-mail: kjetil.hogbakken@oo.no | TR Fastenings Norge AS Jan-Erik Storsve Website: trfastenings.com Email: jan-eriks@trfastenings.com |