Fein: Set for expansion

27.10.2006

The traditional company Fein went international in 2006.

On 1st October 2006, the newly established subsidiary “Fein Power Tools Iberica SL” took over the distribution of Fein electrical tools and grit sanding machines in Spain and Portugal from the current dealers. The subsidiary is located in Madrid and is set to expand the existing network of specialist dealers.
North America, Eastern Europe and the traditional Western European countries are especially important growth markets for Fein. The share in turnover of the international markets already exceeds 50%. To the end of this year, two further distributors abroad will be added to the currently existing 12 international distributors and the new 100% owned subsidiary in Spain.
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