Over the last three years Trifast plc has successfully restructured its operations in its European, Asian and USA businesses. The integration of Malaysian Group Power Steel and Electro-Plating Works in December 2011 has further enhanced its capacity and capabilities in the global fastenings industry, but it is the Asian automotive sector that has fuelled change.
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An essential part of TR’s management growth strategy is to identify and selectively acquire profitable, self-managing bolt on businesses that either, extend its product range or offer niche opportunities as well as being earnings enhancing for the Group.
Power Steel and Electro–Plating Works Sdn Bhd (PSEP) was acquired in (…)
