15 October 2008Nilfisk-Advance will be the majority stakeholder in our current Chilian distributor Comercial KCS Ltda. from October 31st 2008,
We are pleased to announce that Nilfisk-Advance A/S as of October 31st 2008, will be the majority stakeholder in our current distributor Comercial KCS Ltda. a sales and service company, with head-office in Santiago. The company will be renamed Nilfisk-Advance S.A. and conduct both direct and indirect sales in Chile.
Comercial KCS Ltda. is a well known company to Nilfisk-Advance having been the distributor of Nilfisk-ALTO products for the last 2 years in Chile.
Great Opportunities
“By acquiring a majority stake in Comercial KCS Ltda. we meet one of our key ambitions of strengthening our position in South America” says Jørgen Jensen, President and CEO. “The Chilean market is growing at an attractive pace and Comercial KCS Ltda. has an ideal position to leverage the market opportunities”.
By joining the Nilfisk-Advance family Comercial KCS Ltda. will get access to a large supporting organization when it comes to development, marketing and sourcing. This will support the continuous growth of the company.
Organization
Comercial KCS Ltda. will continue as an independent entity within the Nilfisk-Advance family as sales company in Chile. The two owners of Comercial KCS Ltda. Matias Hoppe and Pablo Noriega have with their enthusiasm and hard work been able to build up a very successful company in the past three years. They will both stay as directors and co-owners, which will ensure continuity and growth for Nilfisk-Advance in Chile.
Another piece in the puzzle
“South America is an important piece in the puzzle of reaching the position as being number one in the professional cleaning equipment industry” Jørgen Jensen continues “This move is yet another important element in realizing our growth strategy in this region.”
For further details contact:
Jørgen Jensen, President and CEO on +45 43 23 81 00