TTI has announced the acquisition of the assets of NPCS Autotronics. Based in Shanghai, China, NPCS Autotronics is a specialty distributor of connector products used in the transportation market segment. The company is an official distributor of Delphi Connection Systems. “The acquisition of NPCS Autotronics represents an integral part of TTI”s Transportation Business Unit Strategy in Asia” said Gene Conahan, President TTI Europe and Asia, “I am very much looking forward to the value the NPCS core competencies will add to our transportation customers and suppliers in the region.”
Commenting on the acquisition Li-Wei Chen, Director of PRC Business/Deputy General Manager of NPCS Autotronics said “Customer-centred, purpose-driven, pro-active service, this is our conviction at NPCS and the reason we have enjoyed a loyal customer base. I know TTI management shares this same conviction, so we are happy to join this team and offer the support and worldwide resources of TTI to the future progress of our customers.”
TTI will establish a new a branch in Shanghai which Chen will lead as branch manager. He will report to the Regional Vice President of TTI”s Greater China Region, Angus Cha. Chen and his existing team of 14 NPCS associates will serve as the cornerstone of TTI”s Transportation Business Unit in Asia. TTI has a long track record in the transportation and automotive market segments through the company”s specialised Transportation Business Units in North America and Europe.