A New Chapter Begins: Treston Acquires the Business Assets of IAC Industries Uniting Two Leading Manufacturers of Technical Workstations in the United States5.10.2023
This strategic acquisition underscores Treston’s unwavering commitment to foster growth and expand our presence in the North American markets.
With this acquisition, our American customers will benefit from an expanded portfolio of products and services, enhanced local support, and the agility and efficiency that come with local manufacturing capabilities.
"The acquisition allows us to establish manufacturing capacity for Treston products in the United States, thus addressing the increasing needs for speedy delivery from American customers.
CEO Esa Siljander
Treston's sales have shown remarkable growth in recent years. Following the acquisition, the group revenue will rise to $70M.
"With this purchase, we can offer much better service to the vastly larger markets than before.
Donald Murphy, President of IAC Industries, will continue as General Manager for the newly established Treston IAC, and Arto Utriainen, CFO of Treston, will be relocating to Arizona to oversee the seamless integration during the transition period.
Treston and IAC, though born on different continents, have many things in common. Both have a long heritage of over 50 years of manufacturing high-quality industrial and technical furniture and delivering superior support.
We look forward to creating a future where our combined efforts drive exceptional success to our customers and are truly excited about what we can accomplish together.
We wish to reassure all our customers, representatives and distributors, that during the transition period, there will be minimal disruption. The existing brands and operational structures will remain intact, and our primary objective is to sustain the high level of service excellence that you have come to expect from us.
For any inquiries, please contact:
Dan Smith, Treston Inc. Director of Sales and Operations, tel. 404.539.4776 email@example.com
[Photo, from left: Treston CEO Esa Siljander, IAC Industries President Donald Murphy and Treston CFO Arto Utriainen in Goodyear, Arizona after the signing of the deal.]