Phillips Connect Technologies Acquires Polish Electrical Components Company
Santa Fe Springs, CA (June 22, 2018) On June 12, 2018 Phillips Connect Technologies (PCT), a business of Phillips Industries, completed the purchase of Fortech Poland LLC, a manufacturer and distributor of quality 24v electrical connectors and cables for commercial vehicles with a broad and established customer base primarily in the European Union market. .
The newly formed company will be identified as Phillips Fortech Poland LLC. Jacek Pekala, the founder of Fortech Poland, will serve as president of the management board of the new company.
Fortech Poland manufactures and distributes a similar line of commercial vehicle electrical components as those produced by Phillips Industries in North America, throughout the European Union. In addition to the similarity of the two businesses, the strong management and entrepreneurial spirit of Fortech Poland singled them out as an excellent acquisition for Phillips to establish a more significant manufacturing, distribution and R&D presence in Europe.
Phillips Industries has been providing Daimler AG electrical/trailer cables for their Mercedes-Benz trucks in Europe. Current capacity, as well as planned growth at the Phillips Fortech Poland manufacturing site, will further support domestic production of components for various customers throughout the region.
Rob Phillips, president and COO of Phillips Industries, emphasized the importance of the acquisition, Weve been planning for this expansion into the EU market for some time, but needed to be sure it met our stringent criteria for quality products and excellent customer service. By acquiring Fortech Poland, weve met that goal and will now be able to better serve current Phillips customers in Europe and future end-users, OEMs and aftermarket customers in this market. Were excited to fully develop the Phillips Fortech Poland capabilities to further our global growth.
Please visit us at www.trailernet.com to learn how Phillips Connect Technologies products can make a difference in your operation.
About Phillips Connect Technologies:
Phillips Connect Technologies (PCT) is a business of Phillips Industries. PCT is developing TrailerNet , an open, completely agnostic platform for consolidating all smart-trailer sensors (from any supplier) into one central hub, using one data plan to deliver alerts to the driver, and customizable fleet management dashboards to the fleets operations or dispatch teams. The package of products is designed to communicate and integrate into one master channel of information gathered by smart-trailer components, capturing activities and conditions that fleets require to make sound operational and business decisions.
About Phillips Industries:
Based in Santa Fe Springs, CA, USA Phillips Industries is a leading innovator and manufacturer of advanced electrical and air brake system components, as well as electronic solutions for communicating vehicle data to fleets and their drivers for the commercial truck and trailer industry. Phillips products are standard on nearly 100% of Class 8 trucks, more than 50% of all trailers manufactured in North America, and can be purchased at virtually all premium distributors. Phillips has manufacturing and distribution facilities throughout the US and Canada, as well as Mexico, China, and Europe. Phillips maintains active membership in key industry associations including TMC, SAE, Heavy Duty Manufacturing Association and various state trucking associations. Their manufacturing facilities have earned the top-quality accreditations including ISO/TS 16949 and ISO 14001 as well as multiple prestigious customer awards from Daimler, NAPA, and many others.