ToughBuilt Industries Announces Expansion of Trade Partnerships with Switzerland's Largest Tool Wholesale Groups
IRVINE, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today announced the Company has entered an agreement with two major wholesale tool distributors in Switzerland, marking an expansion of European distribution that includes more than 250 retailers, nationwide.
- IRVINE, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today announced the Company has entered an agreement with two major wholesale tool distributors in Switzerland, marking an expansion of European distribution that includes more than 250 retailers, nationwide.
- This partnership represents a co-operative with Steinemann AG (Steinemann) and Tegro AG (Tegro).
- ToughBuilt CEO Michael Panosian commented, We are pleased to be working with Steinemann and Tegro to provide our innovative line of tools to consumers in Switzerland.
- This is an opportunity for ToughBuilt to grow further brand awareness across the European Union and to gain an expanded share in the European hand tool market, which stands amongst the largest in the world.