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MILOS Group Acquires Litec and Tomcat

Czech Republic-based trussing and staging manufacturer MILOS Group announces the recent acquisition of two leading trussing and staging brands: LITEC and TOMCAT.

The new deal reportedly makes Milos the largest global aluminium trussing and staging group with the addition of major manufacturing bases in Italy, Slovakia, Mexico, and the US, in addition to its 250,000-sq.-ft. of production facilities in the Czech Republic and Asia.

Milos CEO Frantisek Zykan states, "We are very excited with this announcement. Our strategy has always been to deliver the best products made to the highest standards of excellence with a quick, efficient turnaround. Having Litec and Tomcat on-board expands the ideas pool and product range to meet all staging needs .... With a truly international reach."

The skills and experience of all three companies make a perfect combination with many natural synergies, a vast collective experience, an awesome knowledge base and extensive contacts. "All those working for Litec and Tomcat are driven, focussed and share our collective visions for the future," concludes Zykan.

Mike Garl, president and general manager of Tomcat says, "We are delighted to become part of the Milos group, which will open up a huge range of creative possibilities with like-minded individuals. Tomcat has always been'customer-driven, and we strive every time to provide service beyond expectations to our clients.",p> Litec was founded in 1991 and operates out of a large manufacturing facility in Mogliano Treviso, Italy, with another manufacturing plant in Slovakia which is optimized for standard product production.

Fabio Prada, VP sales and Marketing of Litec, says, "Joining forces with Miloswill enable all of us to continue offering the best staging solutions -- off-the-shelf and customized -- to meet the needs and exactions of our customers worldwide. Our staffs are all motivated by passion, enthusiasm and initiative, which is very much the Milos ethos."

WWWwww.milosgroup.com


(16 August 2012)

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