Tool-Temp AG strengthens its presence in the USA with the complete takeover of Tool-Temp US Inc.

The Swiss family-owned company Tool-Temp AG has acquired 100% of the shares of its US branch, Tool-Temp US Inc., based in Concord. With this strategic move, the company is making a targeted investment in a key growth market while strengthening its presence in the United States.

Taking full ownership of Tool-Temp US Inc. is a proactive step in light of current economic challenges in Europe and worldwide. To ensure long-term growth and reduce dependency on regional market fluctuations, Tool-Temp AG is pursuing a focused expansion strategy. With its strong growth potential, the US market represents a logical and strategic step for the company.

The full integration of Tool-Temp US Inc. will enable Tool-Temp AG to drive its global strategy forward, seize market opportunities, expand sales, and build even stronger customer relationships in the USA. 

“This acquisition is a significant milestone for Tool-Temp, providing us with the flexibility to adapt to market changes and drive growth in the USA. Our priority remains delivering the best possible service to our customers, even in challenging economic times,” says Marco Pellegrino, CSO of Tool-Temp AG.