Tsubakimoto Europe B.V. Establishes Subsidiary in Spain/Portugal
With the aim to strengthen regional marketing, Tsubakimoto Europe B.V. (headquarters: Dordrecht, The Netherlands), a wholly owned subsidiary of Tsubakimoto Chain Co. (headquarters: Osaka, Japan), established a Subsidiary in Madrid, Spain. Tsubaki Ibérica Power Transmission S.L.U. will be fully operational on February 1, 2017.
Tsubakimoto Europe B.V. and her local partner Transmision S.A. (Mejorada del Campo, Spain) have reached an agreement to transfer all Tsubaki related business to the new Subsidiary (with the exception of Tsubaki Motorcycle business). From the starting date of operations, Tsubaki Ibérica PT will serve the customers of Transmision S.A. over aligned distribution partners towards our final (MRO) customers. For that purpose, Tsubaki Ibérica PT will have local logistic facilities to handle spare parts stock and will be able to supply adapted chain (made locally).
The Tsubaki Group is committed to strengthening regional marketing as part of its global strategy. Although the Iberian market has always been within the territory of Tsubakimoto Europe B.V., the opening of the Subsidiary is intended to strengthen its market position and customer relations in the Iberian market. The support to end users and equipment manufacturers will be intensified by the employment of local technical and commercial staff.
Outline of the Sales Subsidiary:
Name: Tsubaki Ibérica Power Transmission S.L.U.
Location: Madrid, Spain
Start of business: February 1, 2017
Capital: 1.600.000 EUR
Investor: Tsubakimoto Europe B.V. (100%)
Employees: 6 initially (including 5 local employees)
Principal business: Sales, Marketing and Distribution of chain and power transmission units and components
Tsubakimoto Europe B.V. Marketing Manager
Aventurijn 1200, 3316 LB Dordrecht, The Netherlands
Phone: +31-78-6204000 Fax: +31-78-6204001
TSUBAKIMOTO EUROPE B.V.