Today the companies signed an agreement for 3T, based in Italy, to purchase all shares of German based THM from its founder Thomas Mertin.
The arrangement will see THM continue to focus on making its world-leading components in Germany, while 3T will ensure those products can reach the end consumer anywhere in the world more easily. Furthermore, 3T will provide THM with greater resources to develop new products. THM’s technical team will also be involved in 3T’s new product development.
THM founder Thomas Mertin says: “This is a great opportunity for THM. The agreement with 3T gives us a global distribution network to expand our brand. THM has a clear roadmap to deliver top-notch products, manufactured in Germany. With 3T’ backing and commercial strength, we will be able to focus even more on the technical side and leave sales and distribution to the experts at 3T.”