TRIGO Accelerates Its Development into the US Aerospace Supply Chain by Acquiring SMS
TRIGO has acquired 100% of the capital of Supplier Management Solutions (SMS) from founder Steve M. Clarke. This transaction is a major step in TRIGO’s development strategy into the value added global aerospace supply chain and quality management services market. It will strengthen SMS’ position as a quality partner in the aerospace supply chain by providing global coverage in addition to an extended service offering into quality inspection and conformity management.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181106005374/en/
SMS is the leader in the Commercial and Defense Aerospace Industry providing global supplier management, development and quality services through “boots on the ground” on-site management to drive systemic changes that improve and sustain on-time delivery and overall supplier performance.
With SMS’ U.S. Headquarters between Los Angeles and San Diego, in Temecula, CA, Steve M. Clarke, SMS’ CEO/President, and team come with over thirty-seven (37) years of industry experience. Together, SMS understands the current dynamics and urgent need for a more efficient and cost-effective supply chain management solution. SMS' management team and field resources, Delivery Assurance Specialists (DAS) perform their role working as an extension of their customers in 10 countries today. SMS’ business model provides a customized, fully integrated service solution along the customer's value stream which results in quality parts arriving “on-time, every time.”
“With TRIGO, we found the perfect acquirer to further expand SMS’ services into quality worldwide. The integration of the 2 companies will provide our current and future customers with a unique combined service offering targeted to provide a fully integrated service solution for both On-Time-Delivery and On-Quality-Delivery performance for the aerospace supply chain. I want to thank our customers for their support with SMS over the past twelve years and all our employees for having made this success possible, and for staying proud and focused on generating the success of tomorrow with SMS and TRIGO”, said Steve Clarke, SMS founder and CEO.
“The acquisition of SMS will provide us with a robust platform and a very talented team to accelerate our growth in North America. In addition, SMS will be able to leverage immediately TRIGO’s global footprint for the benefit of our customers. This transaction is the perfect fit strategically to propel us forward”, said Emmanuel Marquis, TRIGO EVP of Aerospace Division.
“TRIGO is proud to welcome SMS into the Group. With this transaction, we will now achieve greater than $150 million in revenues in North America, and greater than $100 million in revenues in aerospace continuing our development into the leading global supply chain partner in aerospace, automotive and heavy transportation. Our strategic focus remains on providing our customers with the most comprehensive range of global supply chain and quality management solutions. The acquisition of SMS strengthens our market leadership and opens up significant new growth opportunities for the future”, added Matthieu Rambaud, TRIGO CEO.
The acquisition is still pending CFIUS approval (Committee on Foreign Investment in the United States).
This is the third acquisition for TRIGO in 2018 and the seventh one since private investment house ARDIAN began backing TRIGO in 2016.
For more than 12 years, SMS has been supporting the global aerospace and defense industry providing supplier performance services through “boots on the ground” to drive systemic changes that improve quality and sustain on-time delivery performance. SMS’ team of full-time, salaried professionals provide on-site supplier performance management in more than forty (40) states and ten (10) countries internationally. Their mission is to bring their customers’ parts home on-time, every time, by increasing visibility, accountability, discipline and communication across the entire supply base.
About TRIGO Group
Founded in 1997, TRIGO is a multinational company providing operational quality management solutions for the manufacturing sector, especially in the automotive and aerospace industries. With a team of several thousands of professionals present in 20+ countries across 4 continents, TRIGO offers a comprehensive portfolio of quality assurance services ranging from inspection to expert audit, consulting and training.
Group Marketing Director
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Tilaa tiedotteet sähköpostiisi
Haluatko tietää asioista ensimmäisten joukossa? Kun tilaat mediatiedotteemme, saat ne sähköpostiisi välittömästi julkaisuhetkellä. Tilauksen voit halutessasi perua milloin tahansa.
Lue lisää julkaisijalta Business Wire
HKTDC Hong Kong Houseware Fair Opens in April20.3.2019 06:17:00 EET | Tiedote
Asia’s leading HKTDC Hong Kong Houseware Fair is welcoming its 34th edition in the Hong Kong Convention and Exhibition Centre from 20-23 April 2019. Some 2,200 global exhibitors will showcase a wide range of high-quality household items to global buyers. In 2018, over 29,500 buyers from 112 countries and regions visited the fair. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190319005980/en/ Asia's leading houseware fair. (Photo: Business Wire) WGSN to Curate the Latest Houseware Trends HKTDC is partnering with WGSN, a well-known trend forecasting agency, to curate the trend concept display areas, unveiling the Spring/Summer 2020 houseware trends with a variety of houseware and interior design products on display. “L.I.F.E.” Theme to Showcase Quality Products In order to create an easy-to-navigate setting and provide a superior sourcing experience, the Houseware Fair will continue to feature products under four main themes
New GSMA Study: China’s Mobile Ecosystem Equivalent To 5.5% Of China’s GDP20.3.2019 06:00:00 EET | Tiedote
China’s mobile ecosystem added RMB5.2 trillion ($750 billion) in value to the country’s economy last year, equivalent to 5.5 per cent of China’s GDP in 20181, according to a new GSMA report. The data features in the first ever China edition of the GSMA’s Mobile Economy report series, which is published today at a special roundtable event in Beijing to discuss the latest developments in the Chinese mobile industry as it enters the 5G era. “Our new report outlines how China’s mobile industry has been a key driver of economic growth, inclusion and modernisation – creating a new generation of digital consumers and transforming industry and society,” said Mats Granryd, Director General of the GSMA. “After spending billions over the last decade deploying 4G networks to all corners of the country, Chinese mobile operators are now set to invest a further RMB401 billion ($58 billion) over the next two years to prepare for and begin 5G rollouts, laying the groundwork for China to become one of t
Rimini Street CEO Visits Seoul, Addresses Changing IT Mission20.3.2019 02:00:00 EET | Tiedote
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products and a Salesforce partner, is committed to helping South Korean companies reduce ongoing IT operating costs and freeing up significant IT budget to invest in innovation, competitive advantage and growth, co-founder and CEO Seth A. Ravin explained during a press conference in Seoul. Mr. Ravin also highlighted continued strong and growing demand in Korea for the Company’s award-winning, ultra-responsive enterprise software support model, which is disrupting the $160 billion enterprise software maintenance market worldwide. As the 4th largest economy in Asia, and the 11th largest in the world, South Korea represents a large market opportunity for the Company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190319005832/en/ Rimini Street CEO Visits Seoul,
SOTIO’s DCVAC/OvCa Significantly Improves Survival in Patients with Recurrent Ovarian Cancer19.3.2019 23:00:00 EET | Tiedote
SOTIO, a biotechnology company owned by the PPF Group, presented results from SOV02, its Phase II clinical trial evaluating DCVAC/OvCa, an active cellular immunotherapy product, in patients with recurrent ovarian cancer at 2019 SGO’s 50 th Annual Meeting on Women's Cancer today. Final analysis of SOV02 shows that DCVAC/OvCa decreased the risk of death significantly compared to patients who did not receive DCVAC/OvCa. Clinical trial results were presented during today’s SGO 2019 Plenary Session by SOV02 principal investigator David Cibula, MD, PhD from General University Hospital in Prague (Czech Republic). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190319005837/en/ In the randomized, open label SOV02 clinical trial, patients with recurrent ovarian cancer received DCVAC/OvCa in combination with platinum-based chemotherapy. Compared to patients who did not receive DCVAC, it decreased the risk of death by 62%. The combinati
OCP Announces Date of Fourth Quarter and Full Year 2018 Earnings19.3.2019 22:00:00 EET | Tiedote
OCP S.A. (“OCP” or the “Company”), a global leader in the fertilizer industry, will release its fourth quarter and full year 2018 results on Monday, March 25, 2019. The results will be available to holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers on the OCP Intralinks portal from 9:00 a.m. EDT, 2:00 p.m. Morocco time (GMT+1), and 1:00 p.m. London time (GMT). OCP senior management will host a conference call to discuss fourth quarter and full year 2018 results at 10:00 a.m. EDT, 3:00 p.m. Morocco time (GMT+1), and 2:00 p.m. London time (GMT) on Monday, March 25, 2019 for holders of the Company’s bonds, qualified institutional buyers, securities analysts and market makers. Eligible parties that have not already registered for access to the Intralinks portal may do so by contacting the Investor Relations Department by emailing email@example.com About OCP OCP is a global leader in the fertilizer industry, backed by almost a century’s
HCL and Xerox Expand Strategic Partnership to Accelerate Operational Transformation19.3.2019 19:51:00 EET | Tiedote
HCL Technologies (HCL), a leading global technology company, announced that it signed a managed services agreement with Xerox (NYSE: XRX). Under the terms of the agreement, HCL will manage portions of Xerox’s shared services, including global administrative and support functions, including, among others, selected information technology and finance functions (excluding accounting). Leveraging HCL’s global scale and capabilities, Xerox will strategically evolve its shared services into process-first, technology-led digital operations. This seven-year agreement for an incremental $1.3 billion continues to build on the success of the Xerox-HCL relationship, which began in 2009 with product engineering and support services. Under that agreement, HCL currently manages aspects of Xerox’s mechanical, electrical and software engineering activities for printer and imaging product lines. Together, HCL and Xerox have delivered 215 U.S. patents and have created world-class R&D labs that are tightly
Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia. Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita. Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä. Kaikki STT Infossa julkaistu materiaali on vapaasti median käytettävissä.Tutustu uutishuoneeseemme