The 17th subsidiary: Roxtec Singapore
Roxtec Singapore is a new strong subsidiary in the Roxtec Group. The company has acquired all rights to market and sell Roxtec cable and pipe seals within Singapore, Malaysia, Indonesia, Brunei and Papua New Guinea from the distributor Finessco. Roxtec Singapore will focus on growth within identified target segments. The offshore oil and gas industry represents the majority of sales in the region.
“Singapore is home to some of the world’s largest designers and manufacturers of oil rigs, including Keppelfels and the Sembcorp Group, and there are several other segments with growth potential within the region,” says Marcus Karlsson, APAC Director of Roxtec.
Ten people previously working for Finessco, including the new Managing Director Roger Lim, will work for Roxtec Singapore.
Roxtec has now 17 subsidiaries, whereof six in the Asia-Pacific region covering all major Asian markets.
