February 8, 2023

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FTZ invests in Denmark’s leading car accessories company

MEKO‘s (previously Mekonomen Team) Danish subsidiary FTZ acquires 70 % of the primary motor vehicle accessories corporation Avant Denmark. Avant Denmark presents the biggest vary of motor vehicle components to firms and people in Denmark. Income channels involve on line revenue by means of Biludstyr.dk and via retailers across Denmark. By way of the expenditure, MEKO strengthens its primary placement in Denmark even more.

FTZ, which is generally centered on sale of spare sections to workshops and other corporate prospects, will now also develop into the sector leader in motor vehicle components for corporations and car or truck house owners in Denmark by the acquisition. Avant Denmark will carry on to be operated under the existing model and present-day administration as a section of FTZ. Sven Kristensen, senior advisor inside of MEKO and FTZ, joins Avant Denmark as chairman of the board.

We are continually looking for to increase organization that strengthens our posture on the sector. Avant Denmark is specialized in high-good quality automobile accessories, which is a normal extension of FTZ’s current business. Alongside one another, we fortify our joint capacity and competence in a complex industry“, states Sven Kristensen, upcoming chairman of the board of Avant Denmark.

Currently being element of FTZ will lead to the potential progress for our shoppers. Amid other things in the spots of Avant store-in-shop, fall shipment, rental application, warehouse resort and other fascinating upcoming initiatives. Our buyers shall expect the exact large good quality of our goods, expert services and deliveries as ahead of. We will carry on to watch the market meticulously so that we can supply our customers the finest products at the most effective price tag,” says Brian Thaysen, Handling Director of Avant Denmark.

By means of the acquisition, FTZ further more strengthens its market place-major position in Denmark. FTZ is aspect of the MEKO team, market place chief on the aftermarket in Northern Europe with procedure bordering the Baltic Sea.

Contakt:

Sven Kristensen, upcoming chairman of the board of Avant DenmarkElectronic mail: [email protected], Telephone: +45 25 44 43 22

Brian Thaysen, Running Director of Avant DenmarkElectronic mail: [email protected], Phone: +45 40 13 94 00

About FTZ Autodele & Verktøj A/S

  • Denmark’s major husband or wife and provider to the automotive sector.
  • Provides spare elements, resources, tires and consumables to experienced workshops.
  • 50 branches in Denmark, the Faroe Islands and Greenland.
  • Employs close to 1,200 staff members with 370 supply cars that distribute products up to ten situations a working day, 5 days a 7 days, through Denmark.
  • FTZ Akademi gives continuing instruction and classes in engineering and workshop management for workshops.
  • Nationwide workshop chains: AutoMester, AutoMester E+, CarPeople, Din Bilpartner, Hella Services Associate, DriveClever, 100% Autotjek, nosign, CarNetwork, Karosseri og Skadecenter, Bosch Automobile Company (in collaboration with Bosch Denmark).

About Avant Danmark – Biludstyr.dk

  • Entire provider of motor vehicle extras.
  • Extra than 50,000 write-up figures in the assortment.
  • Distinctive distributor of a substantial quantity of effectively-identified and sought-soon after brand names.
  • Working day to working day supply to prospects throughout Denmark.
  • Very own creation of mats for cars, boats, tenting and devices, etcetera.
  • Significant-quality solutions – therefore 3-12 months warranty on anything!

https://news.cision.com/meko/r/ftz-invests-in-denmark-s-primary-automobile-add-ons-corporation,c3678099

https://mb.cision.com/Major/550/3678099/1717321.pdf

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