AM Online

Teng's UK supplier develops muscles with Euro alliance

Teamvise, the UK distributor of Teng Tools, LiMiT and Momento, has announced plans to treble its business in five years after becoming a founder member of Toolstars - a European alliance of vehicle technician hand tool distributors. As a group member, Teamvise has access to pan-European sales and buying facilities. It will also co-operate in concept and product development and in certain joint IT developments.

The Flitwick, Bedfordshire, company says it will use Toolstars as the springboard for new marketing initiatives and sourcing new products. The driving force behind the alliance is the Swedish industrial group Bergman and Beving, which recently acquired Teng Tools International in a strategic move to add a strong European brand name to its consumables portfolio.

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