Buyout

Milos Group Acquires Mobil Tech International

 Last year the Milos Group became the world’s largest manufacturer of modular aluminium truss and staging systems with the simultaneous acquisitions of TomCat in the USA and Litec in Italy.

The company now announces another recent addition to the Group … with the purchase of UK lighting / speaker stand and truss lift manufacturer Mobil Tech International.

For many years Mobil Tech has worked in close partnership with Milos in the distribution of OEM products within the entertainment industry, including the popular PAD, PAX & PAZ trussing ranges and accessories.  

At present Milos is in the process of transferring operations from Letchworth, Hertfordshire to be fully integrated within Milos UK’s Design & Distribution Centre in Cambridgeshire. 

The Mobil Tech range will be supplied as part of Milos’s extensive portfolio, and it is planned that design and production will move to the group’s 250,000 square foot European headquarters near Prague, Czech Republic.

Peter Stressing

Peter Stressing

Peter Stressing joins the Milos UK team and will lead new business development for all Milos products and continue close support for existing Mobil Tech clients. 

Milos UK Sales & Marketing Director Glen Brown explains, “The arrangement makes perfect sense, Peter joins us with a wealth of industry knowledge, and considerable experience in our products. The addition of Mobil Tech products to our range further expands our Group capabilities and target markets.”

The new agreement now provides access to the widest range of such products plus comprehensive design and technical support, with many exciting new developments planned for the future.

There are already two new high capacity lifts available under the new MobilTechlifts brand.

Contact :
http://www.milosgroup.com

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