A Turkish car company sold to an American company – News



[ad_1]

United States Varroc Lighting Systems announced that it would expand its global investments by purchasing Sa-Ba Automotive. In the statement, it was announced that the company was acquiring an interesting production capacity by buying Sa-Ba Automotive, a 10,000-square-meter production and technology center near Istanbul and a new factory still under construction in Dimitrovgrad, Bulgaria. Varroc Lighting, the Bulgarian 20,000 square foot factory, is expected to provide a wider and scalable production capacity for European customers.

Stéphane Vedie, President and CEO of Varroc Lighting Systems, said about the purchase: cost, emphasizes more of our global expansion commitment time providing products and services. high quality lighting technologies. our presence in Turkey is a growing market and that we are here, help us extend the services we can offer our growing customer base, but also our capabilities in the small lighting space will increase significantly. "

With the acquisition of Sa-Ba Automotive, Varroc Lighting was the sixth commercial enterprise to directly support the expansion of its product portfolio and its production and engineering over the last 16 years. month. The company, which is building a production and product development base in Morocco, has recently announced the opening of new centers in Brazil, Japan and Poland. It has been noted that in recent days, the company, which has developed and reopened a lighting development center in Ostrava in the Czech Republic, has also developed production capacity in Vietnam

[ad_2]
Source link