Restructuring: Turbon Completes Realignment of Toner Business.

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Date: Tuesday October 15, 2019 10:44:29 am
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    Restructuring: Turbon Completes Realignment of Toner Business.
    After around 18 months of restructuring, the Turbon Group’s laser cartridge business has been reorganized – with regard to the companies involved, the persons involved and the financing structure.
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    The company has repositioned itself with its locations worldwide. Thus, the business in the Middle East, Africa and Asia by the Turbon participation Interactive Printer Solutions (IPS), a formerly to NCR Corp. owned company headquartered in Dubai, UAE, and the management team led by Sandeep Sethi. The laser cartridges distributed in the region are produced at the Turbon Thailand site. Turbon Thailand has been a direct subsidiary of IPS since the current year.

    In the US, the business is carried out by Turbon Group USA. At the head of the company is the “industrial veteran” Simon McCouaig. The products will be delivered from our own distribution center in York, Pennsylvania, as well as via various so-called 3PLs (3rd party logistics service providers). The locations in California (distribution and distribution) and Mexico (production) were abandoned. The products sold in the US are made in Romania instead. “Both the organization in the Middle East, Africa and Asia as well as the organization in the USA are working close to the customer, highly efficient and above all healthy”, explains Stephan Rudolf, Managing Director at Turbon Products AG: “All participating companies are free of bank debt that is embedded in a financial structure that allows employees to focus on the essentials, namely the quality and availability of our products, and thus the satisfaction of our customers. “

    “The same is now true for our European business,” continues Rudolf. “After a lengthy period of trying to preserve at least parts of the traditional Turbon Europe / Embatex structure, we have come to grips with Europe in the face of strong market changes and, in particular, the success of the reorientation in the US Our Key Accounts-focused structure has been developed and developed for smaller customers with other requirements solutions. “

    At the center of both the production and distribution activities is the location in Romania. Since October 1 of this year, the Turbon subsidiary Turbon Products AG, based in Zug, Switzerland, under the leadership of the two co-owners Stephan Rudolf and Christof Frei, has been exclusively responsible for the distribution of the products. You are leading an experienced sales team in the industry. “By concentrating production and distribution on one location, we are able to react even more efficiently, at the same time more flexibly and thus closer to the needs of our customers,” stresses Rudolf. Additional requests, such as drop shipments to smaller merchant customers or end users of merchant customers, will in future be met through a network of distributors, “The changes made are profound and thus reflect the changes in the market,” the company says. “At the end of this process of change, we are today embedded in a globally active and debt-free corporate structure. This makes us a strong partner for our customers and suppliers and a healthy employer for our employees. “

    “Along with the changes, we also saw a downsizing of our laser cartridge business as a whole. However, the latest news from our industry confirms that we prefer a profitable and debt-free enterprise for the benefit of all parties to a larger structure struggling with persistent problems, “explains Stephan Rudolf.
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